Egypt may Hit Turkish Steel with Anti Dumping Duties

  • Friday, September 13, 2013
  • Source:

  • Keywords:anti-dumping, steel, Egypt, Turkish
[Fellow]

[Ferro-Alloys.com] Egypt’s Trade and Industry Ministry has said that it is considering a proposal to impose anti dumping duties on Turkish steel imports.

It said that the move comes due to the increase of Turkish imports flooding the domestic steel market at dumping prices.

In December, the ministry imposed temporary protective tariffs on imported steel at a rate of 6.8%, estimated at EGP 299 per tonne for roughly seven months. But the measure expired in June.

The ministry added that “If Turkish exporters were proved to be involved in dumping policies that harm the local steel industry, an immediate action would be taken against steel imports from Turkey.”

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