By Ayesha Saba

Pakistan Steel Mills (PSM) is awaiting separate technical reports from two Russian and Chinese companies, which completed on-site assessments of the country's largest integrated steel complex, marking the latest step in the government's efforts to determine the most viable roadmap for reviving the dormant plant.

According to official documents available with WealthPK, a four-member team of METPROM Group Russia engineers visited PSM from June 7 to 12 to carry out a detailed inspection of the plant following the company's proposal to restore the long-idle facility.

The visit followed the signing of a protocol between PSM and METPROM on March 4, 2026, establishing a framework for the phased revival, restoration, modernisation and expansion of the steel complex.

The documents show that METPROM has proposed reviving PSM with an annual production capacity of three million tonnes over the next three years. The proposal envisages modernising the plant by combining the conventional blast furnace route and the electric arc furnace route to improve efficiency and production flexibility.

The Russian company's technical report is now awaited and is expected to provide detailed recommendations on the engineering requirements, rehabilitation work and implementation strategy for the project.

Meanwhile, Pakistan is also evaluating a separate proposal from China's Jully Group. A six-member delegation from the Chinese company visited PSM from April 24 to 27, 2026, to conduct a feasibility study of the plant. During the visit, the delegation inspected key production facilities, including blast furnaces, coke ovens and steel-making units, to assess the condition of the infrastructure and the scope for rehabilitation.

According to the documents, preliminary technical information has since been exchanged between Jully Group and the PSM technical team, while the Chinese company's final technical report is also awaited.

Credit: INP-WealthPk