Aluworks urges Ghana government to stop low-quality aluminium imports

AL Circle

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.

Aluworks urges Ghana government to stop low-quality aluminium imports

{alcircleadd}

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.

Aluminium Industry Recap 2019

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.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Alternate Text
IBAAS​-IIM 2024

September 25-27, 2024 | BITS Pilani K K Birla Goa Campus, Goa, INDIA

Related
Business Leads
Interested to buy aluminium ubc scrap. Destination : CIF Bu...
25-Apr-2024 Buying request

Interested to buy aluminium  ubc can scrap. Destination : V...
24-Apr-2024 Buying request

Interested to buy aluminium 6063 scrap. Chemical C...
24-Apr-2024 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads