Counterfeit steel products flood market
Thursday, June 18, 2015
At a symposium hosted by the German Engineering Association recently, the director of Elmex Steel Works, Sadler Kamudyariwa said the cheap and inferior steel products, which are mainly from Asia, are destroying the industry and might lead to its stagnation.
“It is a fact that cheap imports in whatever form adversely affect production in any given industry. Steel products industry is no exception. Cheap and counterfeit steel products are disturbing the pricing dynamics in the country,” he said.
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