Tag: steel industry FY26 Pakistan
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Pakistan: Budget FY’26 provides relief on scrap import duties, revises steel import norms
Customs duty on melting scrap grades cut to 0% 5% customs duty imposed on re-rollable scrap Pakistan’s FY’26 budget has provided significant relief for steel raw material importers, with most ferrous scrap grades now exempt from customs duty. Additionally, the customs duty on billets has been halved, significantly reducing sourcing costs. Melting scrap now at…