02
Jun
09:41
PSM may be privatization in September
Pakistan plans to privatize Pakistan Steel mills (PSM) before September 2016, after its Sindh Province gave up plans to purchase PSM in January, according to local media. China's Sinosteel says it wants to invest PSM, which should benefit from the $42 billion planned investment in the China Pakistan Economy Corridor (CPEC), Kallanish notes.
Pakistan's annual steel demand is around 6 million tonnes, accodring to local reports, while crude steel production…
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Anonymous
Very good overview of the weekly steel market.
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