Egyptian government plans 10% duty on finished steel

The Egyptian parliament has this week requested the government add a 10% import duty on finished steel products to protect local steel production, Egyptian market sources told Fastmarkets.

The government has not yet approved or rejected the proposal but, if accepted, flat steel producers will benefit from the new duties, sources said.

Egypt already imposes a definitive safeguard...


Serife Durmus

May 05, 2020

18:55 GMT