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Aluworks urges Ghana government to stop low-quality aluminium imports

Aluworks Limited, an aluminium continuous casting and cold rolling mill located at Ghana, has reportedly urged the government to stop aluminium imports of inferior country, in a bid to protect the local aluminium industry.

The Managing Director of the company Kwasi Okoh said the government must implement stricter laws to prevent aluminium companies from importing cheap and low-quality aluminium.

He pointed out Chinese companies in Ghana often charge lower prices for goods, which gives an ample opportunity to China to dump goods into Ghana at cheaper costs than in their own country.

Mr. Okoh explained prices in China include freight costs, paying landing cost to clear, and also the cost of transportation to the sellers. All these costs together increase the prices of the goods, resulting in trading difficult in China. The latter thus, introduced what they call the export rebate in China, which when they subtract makes the costs cheaper.

Okoh presented a petition to the Ghana International Trade Commission urging the government to be committed to seeing local companies thrive in the business environment.

In response to this, the Economic and Commercial Counselor in China expressed his disappointment and said, “You are not talking about anti-dumping, you are talking about anti-china. We are not causing any harm to Ghana; we are talking about export of Chinese products which brings benefits to Ghanaian consumers.”

Meanwhile, the Chairman of the Ghana International Trade Commission, Nana Adu Gyamfi, said they would look into the issues and address them.

News No: 8281
Date: 2020/01/11 - 18:09
News Source: ALCIRCLE.COM

aluminium  import  casting  industry  Trade 

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