21
Oct
01:00
Turkey raises bar and rod import duties to curtail increasing China-origin imports
Turkey has increased substantially duties on imports of rebar and wire rod, with effect from 18 October, Kallanish learns from the Turkish Steel Producers’ Association (TCUD).
Carbon steel bar/rebar imports are now levied with a 30-40% tariff, up from 15%. Carbon steel wire rod now incurs a 30-40% duty, up from 12%, while the duty for boron-added wire rod has surged from 3% to 40%.
The tariffs will be levied on all imports, except those from the…
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Very good overview of the weekly steel market.
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