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Thursday, 23 May 2013 4:08 am
High 14 oC - Low 7 oC
PSM Board appreciates expansion plan of Pakistan Steel
KARACHI - The 36th meeting of Pakistan Steel Board of Directors held in PS Operations building covering the agenda about the business plan, marketing strategy and expansion project of Pakistan Steel.
Pakistan Steel, Chief Executive Officer (CEO), Major General Muhammad Javed (Retd) while briefing about the Marketing & Sales plan, said that PSM was trying to dispose off the available inventory of PS Products and working in conformity with the market demands.
Pervaiz Iqbal while briefing of expansion plan said that PSM expansion plan will open new doors of prosperity and betterment for Pakistan. A MoU was likely to be signed between governments of Pakistan and Russian Federation on the event of Russian President Putin visit to Pakistan in the near future.
The board discussed the progress of business plan and stressed on the effective implementation of business plan to achieve the future targets. The board appreciated the efforts of PSM management regarding the expansion plan of Pakistan Steel. It was discussed that complementary support plans in terms of logistic arrangement, production cycle and marketing forecast should be developed at priority to ensure success of the Business Plan.
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