12
Jul
16:12
Pakistan assures IMF of PSM privatisation resumption
Pakistan has assured the International Monetary Fund (IMF) it will resume Pakistan Steel Mills (PSM)’s privatisation process in the event the Sindh provincial government declines to acquire the troubled steelworks.
PSM has been idle since June 2015 owing to unpaid gas bills. Its privatisation has been delayed by the government’s decision last October to offer the Sindh provincial government the chance to acquire the steelmaker.
IMF “……
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Anonymous
Very good overview of the weekly steel market.
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