Pakistan metallurgists confront the government

Pakistan Steel, due to the wrong government policy, suffers losses of about 15 billion PKR over the past 7 months.

Shamshad Kurashi, the chairman of the Pakistani steel industry, the chairman of the Pakistani steel industry, said that "the government’s policy has led to losses since the Pakistani Muslim League came to power in July 2013." He added that “the government leaves questions about the future of Pakistan’s metallurgy, which still suffers losses every day. Pakistan Steel carries losses of 70 million PKR every day. ”

He said that if the government approved the anti -crisis package of 28 billion PKR, which was proposed by the association of industry and production, then the workers would play a role in the withdrawal of a subject of state property from the financial crisis. Kurashi clarified that “the protest movement will continue until the government removes the Pakistan Steel Mills (PSM) from the privatization list, and if necessary, the confrontation between the workers will develop into violence to prevent the proposed privatization.”

PSM conducted extensive consultations with market experts, offering political solutions to solve the problems that PSM faces. Recommending options for getting out of a difficult situation, experts said that the revival is possible even if PSM is preserved as a state enterprise. However, since the PSM is included in the list of enterprises of the public sector approved for privatization, the cabinet of the privatization committee and the Ministry of Industry and Production must work together in order to prepare proposals on this, without jeopardizing employees' rights.