Egypt Imposes Tariffs on Chinese, Turkish, Ukrainian Steel

Wednesday, 7th June 2017

The Egyptian Trade and Industry Ministry is imposing temporary import tariffs on steel from China, Turkey and Ukraine, Invest-Gate reports.

The tariff will be set at 17% for Chinese steel, 10-19% for Turkish steel, and 15-27% for Ukrainian steel, it said.

“The decision comes following a thorough study…and is intended to protect local manufacturing from harmful practices by imported alternatives,” Trade Minister Tarek Qabil says in a statement.

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