23
Jun
01:00
Additional tax on Turkish flats imports seen hurting end-user profitability
An additional duty on flat steel imports could lead to an expansion of the country’s current account (c/a) deficit by up to $9 billion, according to the Turkish Steel Pipe Manufacturers Association (Cebid) and the country’s Flat Steel Users Platform.
Turkey currently has a 9% duty on hot rolled coil imports, from which European Union countries are exempt under a free trade agreement, and a 10% duty on imports of cold rolled flats. Earlier this ye…
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Anonymous
Very good overview of the weekly steel market.
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