KARACHI: The blast furnace of Pakistan Steel Mills has stopped working due to leakage which further halted the mill operations. Pakistan Steel Mill, suffering from severe financial and management crisis, has only two blast furnaces; one was closed due to deficiency of raw material for many months. The other furnace working in mill has stopped operations due to leakage as the work started after Eid holidays.
The employees were also worried as if it continues they have to face the similar situation of non-payment as they had faced earlier.
Sources told that even management of steel mill have been trying to raise production, unavailability of funds was remained a major impediment. They were of the view that different departments of steel mill were facing difficulties as no repair work has done to valuable machineries in last few years and convertor plants, furnace and other machinery have been creating major setback to production.
