SIALKOT: The growing taxes and gas load-shedding have been badly hampering the business of stainless steel, as the production of stainless steel products including pots, cutlery instruments, surgical instruments, acid tanks, dairy tanks and washing machines is getting down.
The traders said that the gas load-shedding has become bad to worst and government has failed to provide any relief despite the repeated appeals of mercy made by the small traders, who have also become to close down their stainless steel products business here.
Talking to the newsmen here, All Pakistan Stainless Steel Importers’ Association Central Patron-in-Chief Haji Muhammad Anwar, President Ghulam Hussain Jujj and Vice President Atif Iqbal Chaudhary have expressed grave concern over this critical situation.
They said that worst load-shedding has badly affected the businesses of manufacturing of the steel pots, cutlery, surgical instruments, acid tanks, dairy tanks, washing machines, air craft and sugar mills products here.
They said that this nasty situation rendering the hundreds of the daily waged labourers as jobless.
They urged the government to establish the train service between Sialkot Dry Port Trust to Gujranwala, which would be helpful to provide the maximum relief to pull the stainless steel industry out of the persisting financial crisis, which are aggregating day by day here. They said that this needed train services could also enable the importers of steel to get rid of the additional freight costs of the containers as well.
They said that the encroachments have resurfaced in the stainless steel market of Gujranwala, which are also hampering the business activities there as well.
They urged the government to announce a special package of incentives for the stainless steel industry to flourish it on the modern lines as well.
