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17 Oct
14:02

Pakistan’s Siddiqsons Tinplate enters chromite trading

Pakistan’s Siddiqsons Tinplate (STL) has entered chrome ore trading in order to diversify its traditional tinplate business which has been challenged by China-origin imports. Increasing consumption of pouch packs and pet bottles in Pakistan, coupled with tariff structure “…anomalies” is giving rise to cheap Chinese tinplate imports. Together with raw materials price volatility and social instability, these factors pulled down revenu…
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