They were cotton textile, cigarettes, sugar, rice husking, cotton ginning and flour milling industries; and together they contributed only 7% of GDP and employed a little over 26,000 employees. Duty draw back rate should be increased; 3. Pakistan Steel Mills (PSM) remains the largest industrial unit in the country with an annual production capacity of 1.1 million tons. MAJU UNIVERSITY FA13 Ex-0006 Course : F.M 2. Export rebate lead time is too high; 2. Part of the reason for this lack of dynamism is the fact that the steel market is extremely fragmented. Steelmaking is also the largest energy consumer of electricity and fossil fuels, being responsible for over 25 % of hazardous atmospheric … Pak steel mill (presentation) 1. Industrial Development in Pakistan At the time of independence, Pakistan has inherited only 34 industrial units out of 921 industrial units in subcontinent. Export: 1. The Steel Industry Market report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Steel Industry Market. ... building opportunities. Except all these challenges are tackled, iron and steel development in Nigeria will be a mirage. However, the industry is not very stable, as according to the World Steel Association, in 2008, Pakistan’s contribution to the global market was 0.1%, yet by 2015 it had dropped to 0.06%. The iron and steel industries are indispensable components of the Ukrainian economy: throughout the decades they have provided nearly 25 % of GDP, 40 % of export revenue, 25 % of industrial production, and have employed over half a million people. 31-Q, Gulberg-II, Lahore, Pakistan: Textile and apparel industry : Technology/R&D: We need to remain updated with latest technology and advancement in textile industry. One would have thought that the role of the steel industry would grow as Pakistan modernises, however, the industry remains highly fragmented with approximately 600 manufacturing units operating throughout the country.Downstream industries are suffering, presently, the government should focus on developing and supporting mini steel mills which require less capital investmentthroughout the country. Export shipment clearance time should be reduced to improve efficiency. Last December, when POSCO Research Insitute released its 6th issue of Asian Steel Watch, a biannual English Journal that focuses on the Asian steel industry and market, it conducted an extensive interview with Mr. Lieven Top who specifically discussed the challenges steel industry is facing. After independence in 1947, it did not take long for Pakistan to come to the realization that progressive industrial and economical development would be impossible without the possession of a self reliant iron and steel making plant. Pakistan steel industry Steel Industry after Pakistan Independence. It includes Porter’s Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Steel Industry Market. Some basic information about Pak Steel Mill- Industry : Steel and Iron Products Founded : 30th Dec 1973 Founder : Zulfiqar Ali Bhutto C.E.O : Major General (Retd) Zaheer Ahmed Employees : 16,200 Revenue : 4.3 Billion (2011 to 2012) Net Income : 5.7 Billion (2011 to 2012) Total Assets : 72.5 Billion – 125.5 … To capitalize on the opportunities for reindustrialization emanating from CPEC-SEZs, Pakistan is likely to face a number of policy challenges given …