26
Mar
00:00
Pakistan imposes 12.5% duty on HRC imports to safeguard PSM recovery
Pakistan’s economic coordination committee (ECC) has approved the request from the finance ministry to raise duties on imports of hot rolled coil and welded pipe to 12.5%, Kallanish learns from the ministry.
The request was made mainly at the behest of Pakistan Steel (PSM), which is working on returning to profitability after posting losses consecutively since 2008. The firm has received bailouts worth billions of rupees from the government with the ai…
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Anonymous
Very good overview of the weekly steel market.
Anonymous