Ghana: Unbridled Imports Killing Steel Industry

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If immediate attention does not come from the government to salvage the situation, the remaining local steel companies, namely Sentuo (formerly WAHOME) and Special Steel, cannot survive the first quarter of this year, a frustrated local steel operator has bemoaned.

Already, he said, Ferro Fabrik, Tema Steel and Western Steel have all been shut down for competitive reasons, and went on to say that only God knows when the last two steel companies would follow suit.

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