Egyptian Administrative Court to rule on billet and rebar duties on May 23

The Egyptian Administrative Court will make a ruling on billet and rebar import duties on May 23, after a number of domestic rebar re-rollers appealed to have them removed, market participants told Fastmarkets on Monday February 24.

The Egyptian Ministry of Trade & Industry announced definitive import duties on steel billet, rebar and wire rod on October 10 last year.

The definitive safeguard duty is 16% of the cif price and a minimum of $74 per tonne for steel billet...


Serife Durmus

February 24, 2020

14:45 GMT