The decision by the government of the United States to impose 25% import duty on steel imports using its Section 232 powers will decrease the volume of exports to the US from Al Ghurair Iron & Steel, despite strong demand, the company's senior executive has said.
Abu Bucker Husain, chief executive officer of the flat steel re-rolling and coating company, was speaking on Monday March 26.United Arab Emirates-based Al Ghurair is a joint venture between the UAE's Saif Al Ghurair Group and Japan's Nippon Steel & Sumitomo Metal Corp....