COMPANY OVERVIEW

Pakistan Steel Mills Corporation (Pvt.) Ltd. manufactures industrial materials such as steel, coke, pig iron, rolled billets, hot and cold rolled coils and sheets, and galvanized coils and sheets. The company also sells by-products created during steel production, including coal tar, granulated and boulder slag, Ammonium Sulphate, Oxygen, Nitrogen, and refractory bricks. Pakistan Steel was founded in 1968 and is based in Karachi, Pakistan with additional offices in Lahore, Gujranwala, and Islamabad.KEY DEVELOPMENTS FOR PAKISTAN STEEL MILLS CORPORATION (PVT.) LTD.

Steel Not To Be PrivatizedPakistan 11/4/2011

The government of Pakistan is has no plans to privatize Pakistan Steel Mills Corporation (Pvt.) Ltd. in spite of the government of Pakistan is working on increasing its production capacity, Pakistans Federal Minister for Production Anwer Ali Cheema said. The ministry is stepping up positive measures to take out Pakistan Steel from difficulties.

Pakistan Steel Mills Mulls Privatization 11/2/2011

The government of Pakistan is planning to privatize Pakistan Steel Mills Corporation (Pvt.) Ltd. instead of dragging on with the loss making entity, Pakistans Federal Minister for Production, Anwar Ali Cheema said. Cheema added, There are too many issues with the PSM and the government cannot rectify them despite all sincere and serious efforts.

Pakistan Steel Mills Corporation (Pvt.) Ltd Appoints Wasif Mahmood CEO to Replace Imtiaz Ahmed Khan Lodhi 01/30/2011
Pakistan Steel Mills Corporation (Pvt.) Ltd. announced that Wasif Mahmood has taken over as the company's Chief Executive Officer (CEO). Mahmood relieved Imtiaz Ahmed Khan Lodhi on January 28, 2011. The new CEO is the senior most engineer of Pakistan Steel. He has been serving the company for around 32 years on different important positions including Corporate Secretary, Director Balancing, Modernisation, Repair and Expansion (BMRE), Head of different plants-- Technical Staff Officer to the Chairman Published by HT Syndication with permission from Right Vision News.

Case Outline Privatization in Pakistan

Privatization:o Types of Privatization: Sale of Nationalizide Industries Deregularization Contracting out Assets sale Privatisation Advantages & Disadvantages of Privatisation o Advantages o Disadvantages

PRIVATISATION IN PAKISTAN

History and evolution of Privatisation in Pakistan(http://www.policy.hu/bokhari/History%20and%20Evolution%20

of%20Privatization%20in%20Pak..pdf)

Why In 1974 Zulfikar ali Bhutto privatized banks? Why privatization is necessary for economic growth in Pakistan ?(
http://ishrathusain.iba.edu.pk/speeches/economicManagementPolicies/17_Aug_ 05.pdf)

 IS PRIVATIZATION IN PAKISTAN PURPOSEFUL??(http://www.pide.org.pk/pdf/psde%2018AGM/Is

%20Privitization%20in%20Pskitan%20Purposeful.pdf)

Links
1http://books.google.com.pk/books?id=95EpvLocMYEC&pg=PA7&lpg=PA7&dq=privatisati
on+in+pakistan&source=bl&ots=D3vg4IFpjs&sig=FP6acQovGH0C7kITY9ju1FSJvto&hl=en&ei=eyTe TqCKGurf4QTGt4nzBg&sa=X&oi=book_result&ct=result&resnum=11&sqi=2&ved=0CHEQ6AEwCg# v=onepage&q&f=false