Egypt to seek definitive import duty on rebar to last 3 years

Egypt has proposed a definitive safeguarding measure on imports of rebar to last three years, according to a document released by World Trade Organization (WTO) on Thursday April 16.

The current provisional import duty on rebar is scheduled to expire on May 2 this year. Temporary protective duties lasting for 200 days were imposed on October 14 last year at a rate of 7.3%, and at 6.8% between November 2012 and June 2013.

Egypt has found increased import volumes to be causing “serious injury” to its domestic steel industry,...


April 17, 2015

17:32 GMT