Claims of Pakistani cement being dumped in South Africa
Published by Katherine Guenioui,
Editor
World Cement,
Reports over the past several weeks have suggested there are concerns among South African cement producers that imported cement from Pakistan is being dumped in the country.
The International Trade Administration Commission of South Africa accepted an application from the cement industry, which submitted evidence that led the Commission to conclude that an investigation into dumping from Pakistan is necessary. The application was submitted by Afrisam, Lafarge Industries South Africa, NPC Cimpor and PPC Limited and stated that the imported cement from Pakistan was causing material injury to the South African Customs Union. The applicants claim that cement is being dumped at a price 48% below its normal value in Pakistan.
South Africa receives some 1.5 – 1.6 million t of bagged cement from Pakistan, worth about US$125 million per annum. The investigation is likely to take some time.
Edited from various sources by Katherine Guenioui
Sources:
Read the article online at: https://www.worldcement.com/africa-middle-east/04092014/claims-pakistani-cement-being-dumped-in-south-africa-418/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, Senior Editor David Bizley is joined by Dr Andrew Minson of the GCCA to discuss the ins and outs of the recently launched Low Carbon Ratings (LCR) system.
Molins announce first quarter results
Net profit reached €48 million, equivalent to earnings per share of 0.73 euros, 6% lower than the same period of the previous year.