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Korean company also expresses interest in reviving Pakistan Steel Mills
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Korean company also expresses interest in reviving Pakistan Steel Mills
ISLAMABAD (Dunya News) – Companies from Russia, China and now South Korea have expressed interest in reviving Pakistan Steel Mills. The mills will be run under a public-private partnership and the production capacity will be increased from 1 million to 3 million tonnes.
A meeting of the National Assembly’s standing committee on Industry and Production was held under the chairmanship of Sajid Turi on Wednesday. The meeting was briefed that Pakistan Steel Mills would remain as the holding company of the partnership. Russian, Chinese and Korean companies are showing interest in Pakistan Steel Mills and a sub-committee will be set up for the privatization of Pakistan Steel Mills.