Steel Mills to be run as a joint venture with private sector, says minister

— Hammad Azhar declines privatisation reports, says bidding for PSM joint venture will be held later on this year ISLAMABAD: Federal Minister for Industries and Production Hammad Azhar on Wednesday turned down reports concerning privatisation of Pakistan Steel Mills (PSM) and stated that the steel mill will be run in cooperation with private partners. While […]

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Coronavirus: Port Talbot-owner Tata Steel seeks ₤500 m state bailout

Britain’s most significant steel manufacturer is looking for numerous millions of pounds in federal government assistance as the market faces a downturn in global orders brought on by the coronavirus. Sky News has actually found out that Tata Steel, owner of the Port Talbot steelworks in South Wales, has actually approached ministers to request a […]

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