The recent agreement between Pakistan and Russia to revive the Pakistan Steel Mills (PSM) is cause for cautious optimism, as it could mark an industrial reboot and a strategic realignment. The deal agreed in Moscow would transform the defunct Karachi plant into a modern metallurgical hub. This collaboration, echoing the mills' Soviet-assisted origins in the 1970s, could catalyse Pakistan's industrial resurgence while redefining Eurasian partnerships.

PSM was originally set up with Soviet........

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