🚨🇵🇰🤝🇷🇺 UPDATE: Pakistan and Russia have agreed to revive Pakistan Steel Mills, with construction targeted to begin in 2027 under an EPC (Engineering, Procurement & Construction) framework.

Russian technical experts have completed an initial assessment, valuing existing assets at around $139 million. The full modernisation and revival cost will be finalised once EPC contracts and financing structures are agreed.

The project marks a major step towards restoring Pakistan’s industrial backbone and strengthening Pakistan–Russia economic cooperation.

@ThePulsePoint