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24 Jun
11:50

Pakistan Steel Mills to close, land repurposed

Pakistan’s government has decided to close down Pakistan Steel Mills (PSM) and allow the Sindh provincial government to repurpose its vast land for broader industrial use, notes Kallanish. Plans include establishing a new steel mill in partnership with the Sindh government. Pakistan Prime Minister Shehbaz Sharif has directed the Ministry of Industries and Production to draft a comprehensive proposal for shutting down PSM and explore the feasibility of a new…
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