News
Mexico renewed 15 percent tariff over steel imports
Mexican president Andres Manuel Lopez Obrador announced on Monday he has renewed a 15 percent tariff over certain steel imports from China and other countries with which Mexico does not have trade agreements. The decision was published on March 25th at local official gazette Diario Oficial Federal (DOF), covering 175 products. The tariff will be [...]
Traders are no more allowed to export long steel products from Iran
Iran’s Ministry of Industry, Mine and Trade has announced that traders will not be able to export long steel products from Iran. According to market sources; the Iranian government will only allow steel producers and the producers who have official representatives in foreign countries to export reinforcing bars, wire rods, angles and beams.