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Steel Users Call for End of Import Levy in Thailand.

Bangkok Post (Bangkok, Thailand)

| June 03, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Jun. 3--The electrical and electronics industry has urged the government not to renew tariffs that protect the domestic steel industry.

The industries claim that extending the protection period, which expires next month, will force them to pay higher prices for raw materials.

The Federation of Thai Industries' electrical and electronics club complained to the Commerce Ministry that the 25 percent surcharge on imported hot- and cold-rolled steel and 15 percent on stainless steel had adversely affected them.

However, local steel makers complain that they have been damaged financially by cheaper steel dumped by countries including Russia, Poland ...

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