Ethiopian business news- 23 steel importers are under investigation
Ethiopian business news. Ministry of Trade and Industry said that the company is conducting research on metal, steel, iron inputs and other related products.
Experts on the construction industry have said that the construction industry is facing a dilemma, particularly in the case of major construction materials in the market. Ethiopian construction Association president E/r Amha Sime, has said that the shortage of metal inputs has made it difficult for companies to engage in construction work.
The Ministry has announced that the construction of metalworking equipment, such as the construction steel, has been hidden and is being investigated.
According to the Business Management Directorate Director, Hunde Belay, the investigation of stolen & hidden iron and steel inputs are based on high profile 23 importers. According to the Ministry, the investigation is critical to investigate whether the problem is in the supply or whether the product is covered. The investigation has now been finalized for 14 of the 23 leading importers.