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Monday February 19th 2018

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National Junior Hockey Championship from May 5

National Junior Hockey Championship from May 5

LAHORE: The 29th National Junior Hockey Championship will be held from May 5-20 here at National Hockey Stadium. “The Punjab Hockey Association (PHA) will organise the event,” said a spokesman for the Pakistan Hockey Federation (PHF) on Friday. Four teams from Punjab, two teams from Sindh and NWFP each, Balochistan, Islamabad, AJK, FATA and [...]

‘Industry will shut down if outages persist’

‘Industry will shut down if outages persist’

* Entrepreneurs demand SNGPL MD be sacked ‘instantly’ over erratic, inconsistent gas supply * LCCI president says LESCO, PEPCO should be privatised immediately * Power hungry protesters march towards Governor’s House, shout slogans against PEPCO, LESCO and government LAHORE: The Punjab Chambers of Commerce and Industry (PCCI) and the [...]

Traders meet Pakistan Steel CEO

Traders meet Pakistan Steel CEO

KARACHI: A delegation of Karachi and Lahore (dealers/traders and consumers) met Chief Executive Officer of Pakistan Steel (PS) Malik Asrar Hussain along with Senior Officers of Pakistan Steel at Operations Building Bin Qasim Karachi on Tuesday. The main issue narrated by the dealers of Lahore and Karachi was to put on record the harassment caused [...]

Owners of steel units to lay

Owners of steel units to lay

Steel industrialists in an urgently held meeting at the Islamabad Chamber of Commerce & Industry (ICCI) threatened to lay off all labourers from Thursday, if electricity was not restored to steel furnaces immediately. They said that they were unable to pay labourers when their industrial units were forced to remain closed due to 24-hour power [...]

SHC issues warrant against another ex-Steel Mills chief

SHC issues warrant against another ex-Steel Mills chief

The Sindh High Court (SHC) issued bailable warrants on Monday against former Pakistan Steel Mills (PSM) chairman Lt Gen (r) Sabih Qamaruzzaman and the co-accused in a graft case. Sindh National Accountability Bureau (NAB) had approached the SHC, seeking the re-opening of corruption proceedings against ex-PSM chairman along with two others [...]

Job Opportunities in Peoples Steel Mills Ltd. Karachi

Job Opportunities in Peoples Steel Mills Ltd. Karachi

Peoples Steel Mills Ltd. Karachi Assistant Manager Marketing , Mansger Trainees Jr Executive

Issues relating to Pakistan Steel Mills (PSM)

Issues relating to Pakistan Steel Mills (PSM)

The Senate’s Standing Committee on Industrial Production here on Wednesday recommended that supply of sugar to the outlets of Utility Stores Corporation should be increased through the imported sugar which is in pipeline to facilitate the people. The Committee met here under the Chairmanship of Senator Muhammad Ishaq Dar while its members [...]

PSM records Rs5.622 billion loss, NA informed

PSM records Rs5.622 billion loss, NA informed

ISLAMABAD: Despite the change in top management, Pakistan Steel Mills continues to run into massive losses and during the first six months of the current financial year it has recorded a loss of well over Rs5 billion. According to a detailed document recently submitted to the National Assembly, the PSM during the period between July 2009 and [...]

PS needs Rs15b bailout

PS needs Rs15b bailout

Karachi—Pakistan Steel (PS) badly needs Rs15 billion as bailout package while standing at 25 percent of its capacity. The PS is in persistent loss which would touch Rs 8 billion this year. According to informed sources the Mills officials told the Senate’s Standing Committee on Industrial Production that it was vitally important to ramp up [...]

Soaring cement, steel prices hit construction

Soaring cement, steel prices hit construction

KARACHI: There is substantial increase in steel bar prices in the market, while enhanced activity in the construction sector has made prices of cement moving up again. Many consumers paid Rs45,000 per ton for steel bars made of ship plates two months back, now it is priced at Rs66,000 per ton. Similarly, steel bars made of billets produced [...]

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