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.