Ghana-based company, Aluworks sought redressal against cheap aluminium products dumped into Ghana by some of the global players.
The company approached Ghana International Trade Commission (GITC) to intervene in this trade practice and urged the body to levy appropriate countervailing measures to equalise the effect of the rebates provided by these exporting countries
Aluworks’ production fell by 75pc to 3,800mt in 2018, from 15,800mt in 2006, the company CEO Kwasi Okoh said before the commission. Sunda International and Yai Tin International abused 5pc concessionary duty rates at the ports and offered their products at reduced prices, putting local companies at a disadvantage, Okoh claimed.
The company also accused importers of aluminium products of illegally importing subsidized aluminium coils and circles into Ghana. The respondent represented by immediate past President of the Association of Ghana Industries Dr James Asare Agyei, however, argued that challenges faced by Aluworks were the result of inefficient operational systems, obsolete equipment and weak internal systems.