Trends - Pakistan Steel Mills - Business Recorder

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Mayor highlights features of Gulshan-e-Hadeed road project

KARACHI: Mayor Karachi Barrister Murtaza Wahab, on Saturday, laid the foundation stone for the construction and...

Published 22 Feb, 2026 02:31am

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Distant dreams

Folly is the product of all countries and ages. Foolishness must have an expiry date. It cannot be allowed to last...

Updated 18 Feb, 2026 07:40am

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FY25 SOE losses hit Rs832.848bn mark

ISLAMABAD: Pakistan’s state-owned enterprises (SOEs) losses hit a staggering Rs832.848 billion during the fiscal...

Updated 14 Feb, 2026 02:41pm

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Maritime sector posts record Rs100bn profit after sweeping reforms: Junaid Anwar Chaudhry

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday said maritime sector...

Updated 25 Jan, 2026 07:34am

Business & Finance

Pakistan maritime sector records $360mn profit in 2025

Minister for Maritime Affairs Muhammad Junaid Chaudhry outlines the ministry’s annual performance

Published 24 Jan, 2026 02:29pm

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Pakistan Steel Mills revival: Pakistan, Russia set 2027 start date

ISLAMABAD: Pakistan and Russia have set a 2027 start date for the construction phase of the Pakistan Steel Mills...

Updated 23 Jan, 2026 07:19am

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Salary rise for Pakistan Steel Mills employees likely in Feb

ISLAMABAD: After a long wait of around 15 years, the government has decided to revise and increase the salaries of...

Published 17 Jan, 2026 07:29am

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PSM ‘union men’ involved in theft activities: FIA

ISLAMABAD: The Federal Investigating Agency (FIA) has informed a parliamentary panel that Pakistan Steel Mills (PSM)...

Published 07 Jan, 2026 05:53am

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BR RESEARCH: The jinx is broken. PIA is privatized

The jinx is broken. PIA is privatized. It’s a success for the country. Regardless of PIA’s history, it was a...

Updated 24 Dec, 2025 07:27am

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Pakistan Steel Mills revival: Pakistan-Russia commission signs second protocol

ISLAMABAD: The joint Pakistan-Russia Inter-Government Commission (IGC) has signed the second protocol for the ...

Updated 16 Dec, 2025 12:45pm

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JI says against planned PSM privatisation

KARACHI: Jamaat-e-Islami (JI) Karachi Ameer Monem Zafar Khan on Monday said that the privatization of Pakistan Steel...

Published 11 Nov, 2025 07:11am

Business & Finance

C2 Steel Green Industrial Corridor project will help revive PSM: minister

KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry announced the preparation of the C2 Steel Green...

Published 04 Nov, 2025 07:36am

Business & Finance

Pakistan’s Port Qasim to undergo major overhaul to drive half of $100bn revenue target

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Monday said that Port Qasim will undergo...

Published 03 Nov, 2025 12:10pm

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Reviving Pakistan Steel Mills: choosing the right path

Business Recorder recently reported that the Russian side has proposed two options to Pakistan for the revival and...

Updated 30 Oct, 2025 07:21am

Business & Finance

Russia floats two options for PSM’s revival

ISLAMABAD: The Russian government has proposed two options for the revival of the ailing Pakistan Steel Mills (PSM):...

Published 22 Oct, 2025 06:02am

Business & Finance

Govt unveils plan to revive Pakistan Steel Mills via ship recycling, green steel production

Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, on Tuesday unveiled a plan to revive the...

Published 21 Oct, 2025 01:24pm

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The quest for PSM revival

After years of indecision, political back-and-forth, and prolonged institutional paralysis, the fate of Pakistan...

Updated 21 Oct, 2025 06:49am

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Record of FIRs summoned: Senate panel raises alarm over large-scale theft at PSM

ISLAMABAD: A parliamentary panel on Thursday expressed serious alarm over the continued large-scale theft at ...

Published 10 Oct, 2025 06:12am

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Arrested ships, avoidable costs

EDITORIAL: Public money is again paying for a problem that should have been settled before it reached a foreign...

Published 03 Sep, 2025 06:50am

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Ministry to head body for USD15m Coniston-PSM dispute

ISLAMABAD: The Ministry of Industries and Production is to lead a committee to deal with a nearly decade-old case...

Updated 01 Sep, 2025 09:12am

Business & Finance

‘Step to attract investment, create jobs’: FPCCI lauds development of industrial estate on PSM land

KARACHI: Mian Zahid Hussain, Chairman of the Policy Advisory Board of the Federation of Pakistan Chambers of ...

Published 30 Aug, 2025 07:06am

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PIDC asked to retain PSM liabilities

ISLAMABAD: The government has directed Pakistan Industrial Development Company (PIDC) not to transfer liabilities of...

Updated 23 Aug, 2025 09:06am

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Working on key points regarding PSM: Russian CG

KARACHI: Russian Consul General Andrey Viktorovich Fedorov said that discussions between Pakistan and Russia on...

Published 19 Aug, 2025 06:57am

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ECC approves industrial estate development at PSM land

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved several economic measures...

Updated 14 Aug, 2025 09:19am

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1H: loss-making SOEs incur Rs343bn loss

ISLAMABAD: The loss-making state-owned enterprises (SOEs) incurred a combined loss of Rs343 billion during the first...

Updated 12 Jul, 2025 09:12am

Business & Finance

PSM revival: Pakistan-Russia ink accord

ISLAMABAD: Pakistan and Russia have signed an accord for the revival of Pakistan Steel Mills in Karachi. The...

Published 12 Jul, 2025 05:49am

Business & Finance

Pakistan, Russia ink agreement to modernise PSM

In a key development on the industrial front, Pakistan and Russia have signed a protocol to restore and modernise...

Published 11 Jul, 2025 01:53pm

Business & Finance

SAPM to visit Russia from 5th

ISLAMABAD: To take up the matters related to the revival of Pakistan Steel Mills (PSM) or construction of a new ...

Updated 01 Jul, 2025 08:14am

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CAT upholds CCP decision against PSM

ISLAMABAD: The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan (CCP) decision...

Published 19 Jun, 2025 05:53am

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Getting it right this time

EDITORIAL: There has never been another project quite like Pakistan Steel Mills. Not only in scope, nor in ambition,...

Published 15 Jun, 2025 03:30am