Turkey cuts rebar import duty to no more than 10%

Turkey’s ministry of economy has decreased the country’s import duty on rebar to 10%, with immediate effect, the Turkish Steel Producers Assn (TÇÜD) said on Friday July 28.

The ministry was already considering cutting the import tax because domestic rebar prices have been rising sharply in recent months.

Economy minister Nihat Zeybekçi told national media organisations in...


Cem Turken

July 28, 2017

14:46 GMT