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Pakistan Steel Mills to meet 50pc of capacity utilisation: CEO

byCustoms Today Report
30/09/2014
in Business
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KARACHI: Pakistan Steel Mills (PSM) will meet 45-50 per cent of capacity utilisation within the next month.

This was stated by PSM Chief Executive Officer Zaheer Ahmed, while talking to media. He said that the mills had achieved 22pc capacity utilisation until Sept 20 and next month the target of 45-50pc of capacity utilisation would be achieved.

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“All the essential up-gradation automation, capital repair and maintenance are being done to boost the production,” he said, adding that arrangements were also being made to transport best quality of iron ore and metallurgical coal in order to ensure continuous delivery of the best quality product.

Tags: capacity utilisationCEOiron oremetallurgical coalPakistan Steel Mills (PSM)PSM Chief Executive Officer Zaheer Ahmed

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