23
Sep
10:44
PSM sale tour targets Chinese buyers
Pakistan’s Privatisation Commission chairman Mohammad Zubair has been touring Chinese companies this week in the hope of finding a buyer for Pakistan Steel Mills (PSM), Kallanish notes. Pakistan has promised the International Monetary Fund (IMF) it will sell the mill by the end by the year but the mill has been unable to restart meaningful production despite significant government aid.
On the list of potential buyers are trader and steelmaker Sinosteel and…
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Anonymous
Very good overview of the weekly steel market.
Anonymous