Russia and China's offer for the Pakistan steel Mills?

Russia and China's offer for the Pakistan steel Mills?
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ISLAMABAD - Pakistan Steel Mills’ (PSM) Board has yet to give the approval for the formation of an expert group of private steel companies and Hub Power Company Limited (HUBCO) to explore options for the revival of PSM ,.

However it has been learnt that Prime Minister Imran Khan has already given his own approval in this regard.

Sources in the concerned ministry informed *Pakistan Today* that the Adviser to the PM for Commerce, Textile and Industry Production Abdul Razak Dawood has received a nod of approval from the prime minister over the consultative arrangement involving an expert group to explore options for the re-operationalization of PSM .

An important meeting of the PSM board is scheduled for Monday to decide whether private steel companies and HUBCO group should take responsibility for the revival of PSM , said sources.

The sources added that the PSM board will discuss the offers so far presented by Russia and China regarding the revival of PSM .

Economy