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KARACHI  :Customs has raised import trade price (ITP) of three major steel products by 19-34 percent, to $730 per ton on the back of rising steel prices in world market, sources said.

The decision has been taken by the Directorate General of Customs Valuation which has issued formal notification to importers, all concern departments and customs collectors of appraisement, Model Customs Collectorate (MCC) and Preventive at all sea and dry ports, they said.