SRI LANKA’S ALUMINIUM INDUSTRY UPBEAT DESPITE RAISED TAXES
December 8th, 2013
Sri Lanka’s aluminium industry has welcomed a government decision to increase import taxes from next year on most imports of aluminium products, processed and semi-processed, while reducing it on basic aluminium imports.Pramuk Dediwela, director of the Alumex Group, a leading aluminium company in Sri Lanka told Metal Bulletin that the changes, whose exact details have yet to be announced, would benefit Sri Lankan aluminium manufacturers. He noted that duties would rise where there was local production, for instance on aluminium bars and tubes, while duties ...
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