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13 Jan
00:00

Pakistan approves higher billet, bar and rod import duty to 'curb dumping'

Pakistan’s Economic Coordination Committee (ECC) has approved the implementation of a 15% duty on imports of billet, bar and wire rod, Kallanish learns from Pakistan’s finance ministry. There is also a 5% tariff on imports of cold rolled and hot-dip galvanized coil. “The levy of regulatory duty aims at giving a boost to the local industry and curb dumping,” the ministry says. Pakistani steelmakers have in recent years compla…
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