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05 Apr
15:03

UAE extends higher import duty on rebar, rod

United Arab Emirates has extended the 10% customs duty on rebar and wire rod imports until 12 October, according to a Dubai Customs notice seen by Kallanish. The duty was previously raised from 5%. The extension was signed on 3 April by Dubai Customs director general Ahmed Mahboob Musabih. "Localisation and protectionism are today's trends, and the UAE is committed to protecting the producers and its domestic market,” opines a senior mill offi…
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