Minutes of M.C Meeting -April 03, 2019

PSPA/MTG-09/08/2019                                                                          April 06, 2019

 ALL PSPA MEMBERS.

  

Subject: –      MINUTES OF THE MANAGING COMMITTEE MEETING OF PSPA HELD                          AT OFFICE OF THE ASSOCIATION AT 12 NOON ON APRIL 03, 2019.

Dear Sir,

 

  1. Minutes of the above mentioned Meeting are enclosed herewith for your perusal please.

 

  1. The following were present: –

 

  1. Sh. Muhammad Akif Senior Vice Chairman,

                                                                    P.S.P.A    

  1. Mr. Waqas Khalid Vice Chairman,

                                                                        P.S.P.A

  1. Sh. Nadeem Anwar                                 Director,                                                                                                                                  A.N Industries           
  2. Mr. M.H.S. Kazmi C.E.O,                                     Imran Pipe Mills
  3. Mian Muhammad Usman C.E.O,

                                                                    Pioneer Steel Mills

  1. Mr. Shahzad Yasin Director,

                                                                    Modern Pipe Mills

  1. Mr. Imran Mehboob Partner,

                                                                    Mehboob Tube Mills

  1. Mr. Faisal Rauf Director,

                                                                    Samad Pipe Industries

  1. Mr. Qaisar Latif C.E.O,

                                                                        Ruby Steel Corp.

  1. Sh. Raheem Yousaf Director,

                                                                    Karachi Tube Mills

  1. Mr. Kashif Inayat Director,                                     Inayat Pipe Industries
  2. Mr. Nisar Ahmed C.E.O,

                                                                        Master Pipe Industry

  1. Mr. Ahsan Rashid Director,

                                                                    Shaikh Pipe Mills

  1. Mr. Muzammil Aziz Director,

                                                                    Sun Tube

 

  1. Mr. Ejaz Ahmad                         Manager Liaison,

                                                                                    Crescent Steel & Allied Products

  1. Mr. Munir Hussain General Manager,

                                                                                    Rizwan Industrial Corp.

  1. Brig. M. Ajmal Khan (Retd.).                 Secretary General,                                                                                                       P.S.P.A.

 

PROCEEDINGS

 

  1. The Meeting started with the recitation from the Holy Quran by Nadeem Anwar and was presided over by Sh. Muhammad Akif, Senior Vice Chairman of PSPA.        

 

                  POINT/ DECISION                            ACTION/REMARKS.                 

         Approval Of The Minutes Of M.C. Meeting Held On Feb 06, 2019.

 

  1. The Secretary General P.S.P.A. went through Minutes of the M.C. Meeting held

on Feb 06, 2019. The Minutes were considered to be recorded correctly. Mr. Ahsan Rashid proposed that the Minutes be approved. Mr. Kashif Inayat seconded the proposal. Thus, these Minutes were approved and signed as such by Senior Vice Chairman PSPA, Sh. Muhammad Akif.

Wastages Ratios.

  1. The point was discussed extensively. The Members were of the view that PSPA

while quoting the Wastages being given to the Pipe Manufacturers all over the country never recommended the slashing down of these Wastages as those were considered barley adequate. The Members from Lahore, since June, 2007, had been requesting the authorities to bring the Wastages Ratios being allowed to the Steel Pipe Exporters of Lahore at par with Wastages Ratios being allowed to the Steel Pipe Exporters elsewhere in the country. The Managing Committee instructed the Secretary General to write a letter to Member (Policy), FBR to fix the date and time for the delegation of PSPA so that the Pipe Exporters from Lahore can seek help and guidance from Member (Policy), FBR for resolution of issue of Wastages Ratios for the Steel Pipe Exporters of Lahore.

 

Fixation of Price list for Conduit Pipes.

  1. A very heated discussion took place on the Price list circulated by PSPA on March 20, 2019 alongwith the Notification issued in this regard on the same date. The Senior Vice Chairman of PSPA controlled the tense situation with great difficulty and formed a 6 Member Committee which went in to the session instantly and worked out new Price list which is notified below;

 

 

PAKISTAN STEEL LINE PIPE INDUSTRY ASSOCIATION

FINAL APPROVED RATE LIST

W.E.F. 03/04/2019

 

SIZE

0.6

0.7

0.8

0.9

1

1.2

1.6

 

23 G

22 G

21 G

20 G

19 G

18 G

16 G

 

 

 

3/8 X 3/8

P / FT

P / FT

P / FT

P / FT

P / FT

P / FT

P / FT

 

7.32

8.60

9.54

10.78

11.70

13.58

       17.27

 

 

1/2 X 1/2

9.27

10.55

11.79

13.05

14.27

16.77

21.95

 

 

5/8 X 5/8 —                  3/8 X 3/4

10.58

12.47

13.73

15.93

17.15

19.95

26.12

 

 

3/4 X 3/4 —                    1 X 1/2

14.73

17.60

19.21

20.68

23.90

28.20

36.37

 

 

1 X 1–1/2 x 1-1/2– 19 x 42

18.90

21.10

23.92

27.06

30.15

35.25

46.08

 

 

1-1/4 X 1-1/4 — 3/4 x 1-1/2

21.32

25.75

28.90

32.03

35.87

42.57

56.20

 

 

1 X 1-1/2

23.25

27.05

31.15

35.30

38.48

46.15

61.06

 

L SMALL —  1/2 X 2

23.60

27.46

31.62

35.83

39.03

46.85

61.98

 

 

1-1/2 X 1-1/2 — 1-1/4 x 1-3/4 — 1 x 2 – D

27.40

32.50

36.21

40.70

45.15

53.46

70.27

 

 

Z – T – L

27.81

32.98

36.76

41.31

45.83

54.29

71.33

 

 

2 X 2 — 1-1/2 X 2 — 1-1/4 X 2-1/2
 D – J(SMALL) – T BIG – 1X 3

32.85

37.60

44.00

49.70

55.10

65.15

85.70

 

 

1-1/2 X 3 — D JUMBO LARGE

43.10

49.45

55.80

63.45

70.45

84.10

110.85

 

 

 

 

Annual Subscriptions/ Controversy on Financial Year.

 

  1. This point was discussed thoroughly. it was finally decided to name the subscription being collected in financial year 2018-19 to be called advance Annual Subscription 2019-20. This was considered the most appropriate solution of this issue. Secretary General PSPA was directed to amend the invoices and receipts of the subscription received accordingly.

 

Any Other Point.

 

  1. A large majority of Members present in the Meeting on April 03, 2019 objected

to holding of the Meeting at lunch time instead of dinner time as had been decided/ being practiced since very long. All the Members unanimously resolved once again that the Managing Committee Meeting shall take place at 8 p.m. on 1st Wednesday of every month. The exceptions can only be in the day of the month and not time of the day.  

 

  1. There being no other point, the meeting came to an end with a vote of thanks

to the chair.

 

 

Thanking you,

Yours truly,

 

 

 

Brig. Muhammad Ajmal Khan (Retd.)

Secretary General P.S.P.A.

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