Cut in import duty would open Turkey to HRC dumping, producers say
Turkey should avoid reducing its import duty on hot-rolled coil (HRC) because such a move would cause dumped goods to enter the market and harm local producers, an executive with a Turkish HRC producer has told Metal Bulletin.
Turkey reduced the import duty on HRC for re-rollers
to 3.5% from the previous 5% with effect from January 1, 2018.
“This means a state subsidy, because the state...