07
Dec
11:35
Privatising PSM is a 'nightmare', says commission chairman
The chairman of Pakistan’s Privatisation Commission says finding a potential buyer for troubled Pakistan Steel Mills (PSM) is a “…nightmare.”
Investors see two-thirds of PSM’s workforce as unnecessary and most others as incompetent, according to Mohammad Zubair. “Finding a potential buyer for Pakistan Steel will be a nightmare because the company is a nightmare," Zubair, a former IBM executive, tells Bloomberg. “I&…
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Anonymous
Very good overview of the weekly steel market.
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