News
China cancels export tax on finished steel products
Chinese authorities have announced that taxes on exports of steel products including deformed reinforcing bars and wire rods will be cancelled from January 1st onwards, taking into consideration the industrial developments and changing export market conditions. It is also announced that the tax on exports of steel billets will be reduced to 10 percent from [...]
Egypt maintains antidumping duties on rebar imports
Egypt’s Ministry of Industry and Trade has decided to maintain the antidumping duties imposed on rebar imports from Turkey, Ukraine and China for a period of five years as of today, December 6, according to a report by Reuters. The ministry first imposed the antidumping duties on rebar imports from the three countries in question [...]
