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Pakistan Steel Mills needs Rs 500 million boiler

byWaqar Ahmed Ansari
12/11/2014
in Business, Latest News
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KARACHI: The Pakistan Steel Mills (PSM) needs a new boiler worth Rs 500 million to continue production.

PSM spokesman Shahzam Akhtar said they had a 50-year-old boiler for production which was in a bad condition. The PSM has appealed to the Finance Ministry for the new boiler. The production capacity of the PSM would be increased after the installation of the new boiler.

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PSM sources said the employees have not been paid for the last two months.

A worker told Customs Today, “Long ago people dreamed to work for the PSM. Now the workers are not being paid for months.” He appealed to the government to take measures for the betterment of the PSM.

Tags: boilerFinance MinistryNo salariesPakistan Steel MillsPSMPSM spokesman Shahzam Akhtar

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