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All Stories: Pakistan Steel Mills (PSM)

PSM restoration talks to be held next week, says Russian envoy

Russian Ambassador Albert Khorev on Monday confirmed Pakistan and Moscow will hold talks for the restoration of Pakistan Steel Mills (PSM) next week. This...

Pakistan Steel Mills terminates 562 daily wage workers

KARACHI: Pakistan Steel Mills terminated 562 daily wage workers on Wednesday, citing the contract end, ARY News reported. According to a notification issued by In...

Fed govt directs to expedite PSM revival, establishment of subsidiary

A weekly-review meeting for the revival of the PSM was jointly headed by Muhammad Mian Soomro and Hammad Azhar.

NAB challenges acquittal of Moen Aftab, others in PSM corruption case

The accused were involved in alleged corruption which led Pakistan Steel Mills (PSM) to suffer a financial loss worth Rs80 million following the suspicious contract of 19 canteens.

PSM retrenched workers’ delegation meets Saeed Ghani

The Sindh government will form a committee to resolve problems of the retrenched employees of Pakistan Steel, the labour minister added.

Pakistan Steel Mills terminates 4544 employees: spokesman  

The Stakeholders Group of the PSM has rejected the decision to terminate the employees, threatening to protest over the move.

ECC approves golden handshake plan for PSM employees: sources

Moreover, Rs11.6 billion funds were allocated for the clearance of dues of non-petitioner employees of the state entity.

SC postpones hearing of two cases to be heard by CJP-led bench  

Supreme Court of Pakistan has adjourned the hearing of Pakistan Steel Mills (PSM) and another case without mentioning any reasons.

COVID-19 lockdown: ECC approves Rs 75bn relief package for labourers

Around six million labourers will be provided Rs 12,000 under a new category of Ehsaas programme to be named as ‘Mazdoor ka Ehsaas Programme’.

SHC directs fed govt to pay off PSM pensioners’ dues by May 15

The court also warned to freeze all bank accounts of the Pakistan Steel Mills (PSM) if payments were not made to pensioners within the stipulated time.
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