Egypt to Maintain Tariffs on Steel Rebar from 3 Countries for 5 Yrs

Egypt to Maintain Tariffs on Steel Rebar from 3 Countries for 5 Yrs

Egypt will retain tariffs on steel rebar from China, Turkey, and Ukraine for a period of five years, Reuters quotes the trade ministry as saying on December 6.

This is an extension for a temporary tariff imposed earlier this year.

The tariff was first implemented in June to protect local manufacturers and set at 17% for Chinese steel, 10-19% for Turkish steel, and 15-27% for Ukrainian steel.

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