Turkey approves provisional safeguard measures

According to Turkey’s Official Gazette, President Erdogan has approved the proposal to impose import quotas on certain steel products and also to impose 25 percent duty if the quotas are exceeded. The provisional safeguard measures will be in place for 200 days. The measures will come into force 15 days after the publication of the notice (October 2).

Products to be subject to the provisional safeguard measures are flat steel products, long steel products, pipes and hollow sections, stainless steel and steel products for railways.

The quota for long products (Bars, wires, sections) is announced as 558,534 mtons, and HTS codes included are 72.13 , 72.14 , 72.15 , 72.16 , 72.27 , 72.28.

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