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Author Topic: Steel Melting Industry Appeal To Save Industry To Prime Minister Nawaz Sharif  (Read 753 times)

Arslan Ali

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Steel Melting Industry Appeal
As we all know that the Steel Melting industry of Pakistan is on the verge of collapse so they need the help of the current government of Pakistan (Nawaz Sharif) to save this industry in Pakistan. For this purpose the authority of Steel Melting Pakistan is going to make an urgent appeal to his Excellency Prime Minister of Pakistan, Minister of Finance, Minister of Commerce, Industry and Production and Chairman Federal Board of Revenue (FBR) to save their steel melting industry to accept their appeal.

 
Problems of Steel Melting Industry Pakistan
Pakistan Steel Melting Industry have some very serious problems that's why this industry is on the verge of collapse. The authority of Steel melting industry some serious problems below:

 
Cost of Electricity per ton has increased from RS. 6,500/- to RS. 13,000/- in last three years. Which is higher in whole region.
Cheap dumping prices from international suppliers who produce with lower electricity and other costs
FTA is being used to further lower the rate of applicable duties on MS Products.

 
Solution to save Steel Melting Industry
We appeal you to sales tax not to be increased in upcoming budget
We appeal you to reduce the WHT from 4% to 1%.
Increased the import duties for all MS finished products by 15%
Import material under FTA
And many others is given in attached picture below. So we requested Prime Minister of Pakistan, Minister of Finance, Minister of Commerce, Industry and Production and Chairman Federal Board of Revenue (FBR) to accept over appear and save Steel Melting industry.
« Last Edit: August 05, 2014, 03:32:31 PM by Arslan Ali »

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