Saudi Arabia to apply higher duties on steel products by June 10

Saudi Arabia plans to increase its import duties on certain steel products from June 10, Saudi Arabian market sources told Fastmarkets on Friday May 29.

The import duty on steel billet starting with HS code 7207 will rise to 10-12% by June 10 from the current level of 5%.

The duty on hot-rolled flat steel...

Published

Serife Durmus

May 29, 2020

16:19 GMT

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