Govt announces to revive PSM by involving private investor.

ISLAMABAD -- The government has announced to revive Pakistan Steel Mills (PSM) by involving a private investor.

Addressing a news conference here on Saturday, Minister for Industries and Production Hammad Azhar clarified that the land of the PSM is not being sold out.

He said Pakistan Steel Mills has nineteen thousand acres of land, out of which there will be a lease agreement on twelve hundred to thirteen hundred acre of land to run operations of the Steel Mills.

The Minister said this will be done in the most transparent manner as per privatization rules.

He said it will be our effort that an international player enters into a partnership with...

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