Afghan Industries Need Steel Plant to Grow: ACCI

News - Business


The Afghan Chamber of Commerce and Industries urged the government to establish a steel plant, saying the growth of Afghan industries depends on such a plant.

The government's recent ban on the export of scrap metal is a positive but insufficient step, said Azarakhsh Hafezi, head of international relations at ACCI. Scrap metal is sold to Pakistani industrialists at low prices and imported at considerably higher prices.

The chamber also urged the government to make available the iron ore extracted from Afghan mines to national manufacturers in order help the iron and steel sector become self-sufficient in procuring their supplies.

"If the government makes available iron ore to national manufacturers and does not rush to sell it as a raw material to big international companies, Afghanistan will become self-sufficient with the domestic supply of raw materials," Azarakhsh said.

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