15
Jun
13:24
Saudi Customs makes abrupt import tariff U-turn
Saud Arabia has indefinitely postponed plans to increase customs duties on a variety of steel products to the maximum “bound rates” permitted by the World Trade Organisation, Saudi steel market sources tell Kallanish.
Saudi Customs communicated the news in a tweet on 11 June, one day after the increases were due to come into effect, without providing any justification for the postponement.
The authority did not respond to a request for comment before …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous