In a landmark development, Pakistan and Russia have agreed to restart operations at Pakistan Steel Mills, setting a tentative start date in 2027. The revival is expected to boost industrial growth, create thousands of jobs, and strengthen Pakistan’s steel production capabilities.
Officials from both countries emphasized the strategic partnership, highlighting the economic and technological benefits of this collaboration. The move is seen as a major step in reviving Pakistan’s industrial sector and reducing dependence on steel imports.
With modernization plans underway, the steel mill is expected to adopt advanced technology and efficient production methods, ensuring competitiveness in the global market. Analysts predict that this revival could significantly contribute to Pakistan’s GDP and industrial exports.
Stay tuned for more updates as Pakistan Steel Mills moves closer to regaining its status as the backbone of the nation’s steel industry.
