Chief Executive Officer, Pakistan Steel, Major General Zaheer Ahmed Khan (Retd), held two separate meetings with the dealers of PSM on 8th September, 2014 at Lahore (dealers from Lahore and Gujranwala regions) and on 11th September, 2014 at Karachi Zonal Office (dealers from Karachi region) to discuss and address the issues concerning them.
During the meeting various issues were discussed with the CEO. The dealers apprised the chair regarding the price fixation criteria of Pakistan Steel and stressed that the price fixation is the responsibility of PSM management and the dealers are not responsible for any decision made by the management. But on contrary the dealers have been made target by FIA and other agencies and humiliated without any reason. Matters related of NAB and FIA were also discussed.
CEO assured the participants of the help needed in all matters and urged the dealers to play their part for development and progress of this national asset to bring it back on track of prosperity. Moreover, CEO stated that with the help of the recent financial restructuring package supply chain of raw material has been streamlined and production capacity for this month ie 30 percent will be achieved and gradually be taken up to 77 percent by January, 2015. The CEO stressed that PSM is in the process of repair/maintenance and improvements of its main plants and soon we will be able to run the plant at high capacity and full efficiency.-PR