reroller

Though the melters and rerollers are given a choice to stay in the ad valorem regime, the tax office prefers the fixed regime as it is easier to get timely revenue.

The second proposal is to impose a fixed sales tax of Rs.5,600 PMT be imposed at par for billet supplied by PSM, steel melters rerollers and on import of rerollable scrap to provide a level playing field to the local industry.

Our plan, therefore, would be to develop an efficient mini-mill complex firstly in the Lahore area as a priority, which would compete directly with the melters and rerollers in that area.

output in what were, by British standards, four large firms and "a long tail" of small acid open-hearth operators, unintegrated iron-makers and rerollers (firms that roll semifinished steel--blooms, billets, and bars--into finished products).