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08 Aug
12:24

Australia complains low-priced imports disrupt market

Members of the Australian Steel Institute (ASI) report that cheap imported steel products are depressing market prices and causing Australian steel fabricators and steel product manufacturers to become unviable. These imported fabricated steel products are priced at between 15% and 50% lower than the cheapest local offers, Kallanish learned from the ASI report. An ASI survey of steel fabricators and manufacturers in July 2024 revealed 86% had reduced profit margin…
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