Egypt extends anti-dumping duty on rebar imports

Cairo – Mubasher: Egypt’s minister of trade and industry Tarek Kabil on Tuesday said that the period of applying the anti-dumping duty on Chinese, Turkish, and Ukrainian rebar imports has been extended for two months to end in December.

Anti-dumping charges on Chinese imports amount to 17% of cost insurance and freight (CIF), Kabil highlighted in a statement by the Ministry of Trade and Industry.

Meanwhile, charges on Turkish and Ukrainian imports range from 10% to 19% and from 15% to 27% of CIF, respectively.

The decision was extended after local producers complained that they were suffering from significant rebar imports from these three countries.

Procedures pertaining to rebar import dumping began in August.

Mubasher Contribution Time: 26-Sep-2017 13:30 (GMT)
Mubasher Last Update Time: 26-Sep-2017 13:30 (GMT)