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Egypt mulls export duties on cement

Mar, 01 2013


(Egypt)  --  Minister of Industry and Foreign Trade, Egypt, Hatem Saleh has announced that the government is considering imposing export duties on cement to curb price hike.

The government has attributed its decision to the unjustified jump in cement prices in the local market and to the lower supply of cement.

The prices of cement have jumped from EGP 420 to EGP 700 per ton.

By: Rashmi Kalia (ARI-C NEWS)

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