Egypt announces definitive duties for steel billet, rebar and wire rod

The Egyptian Ministry of Trade & Industry announced definitive import duties for steel billet, rebar and wire rod on October 10, effective from October 12, Egyptian sources told Fastmarkets.

The definitive safeguard duty is 16% of the cif price and a minimum of $74 per tonne for steel billet from October 12, 2019 until April 11, 2020. The duty will fall to 13% and $60-per-tonne minimum payment on April 12, 2020 until April 11, 2021, and to 10% and $46-per-tonne minimum payment on April...

Published

Serife Durmus

October 11, 2019

16:58 GMT

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