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14 Sep
01:00

Pakistan Steel receives coking coal shipment, more raw materials on the way

Troubled steelmaker Pakistan Steel Mills (PSM) has received two shipments of coking coal, each totalling 55,000 tonnes, from Australia, Kallanish learns from the company. The firm is seeking to ease its raw materials shortage and increase capacity utilisation to return to profitability. “Pakistan Steel management is confident that, with the arrival of the latest ships, the production and capacity utilisation will further increase, helping to achieve th…
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