[Ferro-alloys.com] The privatization Commission of Pakistan pointed out that the government has invested approximately US$200 million to restore its capacity utilization ratio, but fail to meet the goal. Meanwhile, Pakistan steel's capacity utilization is only 1% by the end of August this year.

Pakistan Finance Ministry said that Pakistan steel and related departments must find a way out as soon as possible, the government cannot assume responsibility for the debt of Pakistan steel.

According to the source said, the country's privatization committee in recent days to look for investors in China and hoped to buy steel mill.

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• [Editor:Chen Lian Hai]