A Senate sub-committee has ordered Pakistan Steel Mills to submit its 2025-26 audit report within one week amid security and theft concerns.
ISLAMABAD: A sub-committee of the Senate Standing Committee on Industries and Production has expressed concern over the non-submission of Pakistan Steel Mills’ (PSM) latest audit report for 2025-26 and directed the management to submit it within one week.
The sub-committee meeting, convened by Senator Syed Masroor Ahsan, was held at Parliament House on September 22, 2026, to review incidents of theft, security arrangements and operational and administrative matters at PSM.
Senators Khalida Ateeb and Danesh Kumar, along with senior officials from the Ministry of Industries and Production and Pakistan Steel Mills, attended the meeting.
Senate panel reviews theft of 36 tonnes of material
The sub-committee reviewed the theft of 36 tonnes of material from PSM and sought an update on efforts to recover the stolen items.
Members noted that administrative action had been taken against employees in several theft cases, while recovery of stolen material remained pending in some instances.
The convenor directed PSM management to take strict action against employees found involved in theft and ensure that such individuals are barred from entering PSM premises.
Officials informed the committee that police had submitted a challan in the case involving the theft of 36 tonnes of material.
The committee was further told that both administrative action and criminal proceedings were being pursued through the relevant authorities and courts, while recoveries had also been made in several cases.
Security shortage raises concern
The sub-committee was informed that DSF personnel are currently deployed at PSM, while the Ministry of Defence has recently sought their withdrawal.
The Ministry of Industries and Production has taken up the matter with the Defence Division for a phased withdrawal of DSF personnel, allowing the steel mill sufficient time to establish alternative security arrangements.
Officials told the committee that PSM covers approximately 1,000 acres, with a substantial portion of the premises remaining unfenced.
The lack of fencing, coupled with an acute shortage of essential security personnel, has created additional challenges in protecting machinery and material worth billions of rupees.
The committee was also informed that a proposal seeking recruitment of essential administrative, accounts and security staff had been taken up with the Finance Division.
After detailed deliberations, the sub-committee directed PSM management to submit a comprehensive justification for the required staff strength.
The convenor also directed the Finance Division to ensure that its representative attends the next meeting to discuss the recruitment of essential personnel for PSM.
Modern surveillance and tunnel sealing ordered
The committee members recommended installing modern surveillance cameras throughout PSM to strengthen security monitoring.
They also directed the authorities to identify underground tunnels providing unauthorised access to the premises and permanently seal them to prevent theft and illegal entry.
The convenor further directed the Federal Investigation Agency (FIA) to conclude the pending inquiry concerning the recovery case related to Pakistan Steel Mills.
Senate panel raises PSM land encroachment issue
The sub-committee also expressed concern over encroachments on PSM land, stressing that the property constituted a valuable national asset that needed to be protected.
Officials informed the committee that a recent anti-encroachment operation had been halted following resistance.
The convenor directed the Deputy Commissioner Malir and Secretary Home, Sindh, to attend the next meeting and said effective measures would be taken to remove encroachments from PSM land.
Committee seeks stronger oversight of PSM
The sub-committee reiterated that the assets of Pakistan Steel Mills are national assets and called for coordinated action by all relevant institutions to strengthen security, protect the mill’s property and machinery, and address administrative and staffing shortages.
The committee also stressed the need for timely submission of the outstanding 2025-26 audit report and continued oversight of security, theft recovery and encroachment-related matters at the steel mill.