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)
A judge has vacated two citations against a Tennessee stone producer over allegedly excessive slack in the steering mechanisms on two haul trucks. More
Caterpillar has named a Puerto Rican company as Cat dealer in Cuba in preparation for the end of the US trade embargo. More