Egypt introduces temporary import duties on Ukrainian steel

Egypt introduces temporary import duties on Ukrainian steel

496
Ukrinform
Egypt has imposed temporary import duties on steel from Ukraine, China and Turkey.

“It [the decision] is intended to protect local manufacturing from harmful practices by imported alternatives," Trade Minister of Egypt Tarek Kabil said in a statement, Reuters reports.

The duty will be set at 17% for Chinese steel, 10-19 % for Turkish steel, and 15-27 % for Ukrainian steel, reads the report.

iy


Let’s get started read our news at facebook messenger > > > Click here for subscribe
Extended searchHide extended search
By period:
-