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Pakistan Steel Mills

Presented By

Fatima Zahra
Introduction
• The real founders of Pakistan Steel Mills are Prof. Niaz
Muhammad, Wahab Siddiqui and Russian scientist
Mikhail Koltokof.

• It was the hard work of Prof Niaz that thousands of


scientists and technical staff got trained by him

• The Government of Pakistan has given him Pride of


Performance.
Vision
• To become a leading steel company in south Asia .

• MISSION:

• Greater response to customer's present & future needs


• Focus on productivity and Quality.
• Facing Challenges of free Market Economy
• Fulfilling Social Obligations
• Improving Corporate Image
Products
• Pakistan Steel billets .

• Hot rolled carbon steel coils, sheets


, strips and plates

• Metallurgical Coke
Continue….
• Galvanized products
USES:
Automobiles,Roofing,Shuttering etc.

• Pig iron
Pak Steel produces, 2 grades of
Pig Iron - Foundry Grade Pig Iron
(F.P.I) and Conversion Grade Pig Iron
(C.P.I).
• Granulated Blast furnace Slag
Is produced as a result of the
reduction of iron oxide to iron.
Ethical Practices
• Pakistan Steel adheres to a strict, health and safety policy

• In the past two years Pakistan Steel has followed an active


reforestation program within and exceeding its 20,000 acres of
responsibility
• They are setting new targets for waste reduction and pollution
prevention.
• Have carried out extensive work in water recirculation and
treatment and have improved the treatment of fresh water
supply feed to lakes and reservoirs for the benefit of our local
communities.
Educational Facilities

• Pakistan steel manage a large number of educational


institutions from primary school to college level.

Which includes:
• Cadet college
• Degree college
• An intermediate college
• 4 high schools
• 2 primary schools.
Metallurgical Training Centre
• The Metallurgical Training Centre
(MTC) is designed to impart
training in 64 technical trades to
1600 students /workers annually.

• The center is affiliated with the


Sind Board of Technical Education,
Karachi. The UNIDO has declared the
MTC as a center of excellence.

• Institute Of Computer Science (ICS)


To develop, improve the scope of professional
knowledge in Computer Science, Pakistan
Steel established the (ICS) in May 1994 .
Recreation

• Pakistan Steel places great importance, in the welfare of its


workforce and community…

• Astro-Turf Hockey Pitch

• Football Pitch

• Quaid-i-Azam Park
UNETHICAL PRACTICES:

• The first thing is that PSMC’s recruitment policies are the most
common unethical issue in the company.

• The people who are controlling PSMC are not loyal to their
firm and are not running it in the way which is best for the
company .

• second unethical issue government ministers abuse their power


for their benefits.

• Thirdly, the privatization issue resulted in the sacking of Chief


Justice of Pakistan. This shows the hunger and greed of some
people in the government of Pakistan. These people were
prepared to take any action in order to sell PSMC, at a price
which benefits them.
Conclusion…

• After the examination of the issues, one can easily relate it to


the course that we are studying, “Business Ethics”. We can
quite clearly see that “Steel Mills” is far from being a “Rational
Organization” and currently its structure can be best described
as being near to “Political Organization”. ..
Suggestions…

• All of this shows that though PSMC is a firm which needs right-
sizing, right structure, right management and right attitude of
the employees. If all these rights get incorporated in PSMC,
we can be sure that this firm will make big progress in the
development of not only PSMC but also in the development
of Pakistan.

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