16
Jul
11:37
Turkish exporters seek compensation for US tariff doubling
Turkish exporters will claim compensation for the losses they suffered as a result of the US imposition of an additional 25% duty on Turkish steel, says Turkish Steel Exporters Association (CIB) president Adnan Aslan.
In August 2018 US President Donald Trump increased the tariff on Turkey-origin steel imports from 25% under Section 232 to 50% due to deteriorating relations between the countries. He restored the 25% duty in May 2019 only to raise it back to 50% the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous