"The Organisation is moving from self belief to self-reliance". Chief Executive Officer Pakistan Steel Major General Zaheer Ahmed Khan (retd) Hilal-e-Imtiaz (Military) said Pakistan Steel Mills had resumed the production of its "Thin Profile Coils", Hot Rolled Products of 2mm size. Thin Profile Coils HR Products are used for making various Forming Sections, Rims, Pipes of various sizes, Guard Rails etc.
Prior to its production the Coils of same size were imported which resulted in Foreign Exchange and time loss. The addition of Thin Profile products will not only increase sales of Pakistan Steel Mills, but will also save million of dollars in foreign exchange. Furthermore, the Organisation is preparing itself to produce Thin Profile Products of upto 1.6mm size.
It is worth mentioning here that with the help of recent bailout package of Rs 18.5 billion from Government of Pakistan, Pakistan Steel Mills Management has maintained continuous supply of best quality raw material, which has made the production of Thin Profiles possible.
It is imperative to mention here that the losses of the national enterprise will be reduced with the addition of these new products and will pull the organisation out from era doom and gloom.-PR
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