CriticalThought
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And very frail symbol it is. With great respect to my counterpart, in the humblest manner possible, I bring that to your attention.
Heavy industries are questionable businesses in this day and time, when 20+ nations try competing in that industry, each outdoing other in level of subsidies. You can't make steel profitably when those countries sell steel below its cost.
You are better to take advantage of the situation, and buy that steel at rock bottom prices when you can.
Why not to sell PIA, PSM, cotton and canneries, build factories for light industries? That will be the long awaited and so needed re-industrialisation.
We need a foundery for local consumption and to enable us to produce high performance materials that would not be available easily on the international market, or, we don't want the world to know we are interested in those materials.