Tag: Egypt
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Egypt Producers Hike Domestic Rebar Offers post Safeguard Duty Imposition on Steel
In April 2019, Egypt imposed a ‘temporary protection fees’ of 25% on steel rebar and 15% on iron billet imports for the period of 180 days with an intention to protect domestic steel industry from the unfair competition of foreign products. Following this, the steel mills in the country have increased their domestic rebar offers.…