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Pakistan's largest private steel plant ready for production

Pakistans State Owned Pakistan Steel Mills Will have Capacity of 1.5 m Tons Steel production Capacity, it will overtake this tuwairqi Mills.

PSN, if I remember right, sometime back cut production by more than half because of lack of capital investment. If Pakistan govt. bails them out then it will take billions of rupees. It is better yet if they sell off all PSU's who are sick and ailing to private parties. At least the production will come back to full installed capacity with the infused capital.

P.S.: On side note I don't think it would be wise for Mr. Mittal's company ArcelorMittal go invest in Pakistan as it would be a political suicide for any political party which allows it. Just look at Maldives...some lesson for GMR.
 
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