01
Oct
11:05
Pakistan expects $1 billion investment to revive PSM
Pakistan’s government is eyeing a $1 billion foreign investment by the end of 2021 to revive Pakistan Steel Mills (PSM). Investors from Russia and China have shown interest in investing in the facility as part of a consortium, Kallanish notes.
The government has shifted its priority from completely selling or privatising the mill to reviving the operation and production of the unit with the help of foreign investors. However, the government is creating a new…
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Anonymous
Very good overview of the weekly steel market.
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