[ad_1] ISLAMABAD: The National Tariff Commission (NTC) has levied a 40.47% anti-dumping duty on Galvalume steel, a landmark decision to protect the domestic steel industry. The steel industry has suffered a lot due to this issue by losing market share and the recent decision will help the industry to revive it again. The commission has … Read more
[ad_1] Listen to article ISLAMABAD: Pakistan’s steel sector may become the first casualty of the government’s decision to open the economy to foreign competition, as a parliamentary review finds flaws in the assumptions behind cutting protection levels by 52%. Abbas Akber Ali, patron-in-chief of the Pakistan Association of Large Steel Producers (PALSP), warned on Friday that the … Read more
[ad_1] Listen to article ISLAMABAD: The Competition Appellate Tribunal has upheld the Competition Commission of Pakistan’s (CCP) decision against Pakistan Steel Mills (PSM), affirming its ruling that the state-owned enterprise abused its dominant position in the sale of low-carbon steel billets. The CCP had imposed a penalty of Rs25 million for PSM’s anti-competitive and discriminatory conduct. While … Read more