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Pakistan cement exporters are putting pressure on their government to convince SA to overturn the existing anti-dumping duty on imported cement from that country.
The surge of cement imports from various countries have put local producers such as listed cement and lime firm PPC on the back foot. In 2018, cement imports soared 85%.
For the local cement companies, the influx of imports aggravates the affect of weak economic growth, overcapacity, stiff competition and floundering construction sector.
The International Trade Administration Commission (Itac), the SA body that investigates and sets tariffs on imported products, imposed antidumping duties on Portland cement from Pakistan with effect from May 15 2015. The antidumping duties, which ranged from 14.29% to 77.15%, followed Itac’s investigation after an application by a number of local cement producing companies.
Mohammad Rafiq Memon, chairman of the Pakistan-SA Business Forum, has called for the intervention of the Pakistan aut...
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