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Import parity pricing comes under the spotlight

23 Sep 2005 - by Staff reporter
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ALAN PEAT THE CONTENTIOUS subject of import-parity pricing is to go under scrutiny at cabinet level, according to minister of trade and industry, Mandisi Mpahlwa. Sasol and Mittal Steel (formerly Iscor) have long been pointed to as examples of the major companies which unfairly benefit from the inflationary effect of this pricing procedure – which adds hypothetical transport, duty and storage costs to SA-produced materials, to bring them to the same price level as imported alternatives.

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