Egyptian re-rollers ask government to rethink billet import duties

Rebar producers that re-roll billet in Egypt have appealed to the Egyptian government to reconsider a recently imposed safeguard duty on imports of the semi-finished product.

The country’s Ministry of Trade & Industry began imposing a temporary import duty of 3-15% for billet on April 15, in addition to a 25% tariff on rebar, following an investigation that began at the end of last month. The provisional safeguard measure is in effect for 180 days from that date.


Serife Durmus

April 23, 2019

11:17 GMT