Pakistan Ship Breakers Association (PSBA) welcomed the government’s decision to impose 15% Regulatory Duty (RD) on the import of all steel billets, steel bars and wire rods at a time when the country’s steel industry is trying its survival in the face of international competition. Steel melters, ship breakers and large scale re-rollers had approached the Federal Board of Revenue (FBR), and relevant ministries on the rising difference between …
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