Pakistan’s steel production industry is already dealing with the uncontrolled influx of smuggled steel. As it’s adding to the economic challenges and growing input prices for the local industry. Industry groups and market participants already warn that the smuggling of low-quality and frequently inexpensive steel products will badly affect the industry. Meanwhile it’s also threatening thousands of jobs, hurting domestic producers and reducing their competitiveness.
Read More: https://zarea.pk/steel-production-in-pakistan-affected-due-to-steel-smuggling/
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