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10 Mar
00:00

Iran hikes import tariffs in response to mills' pleas to curb imports from China, CIS

Iran has increased tariffs on various steel product imports to curb the perceived influx of steel from China and the CIS, Kallanish learns from the Iranian Steel Producers’ Association. Local steelmakers have in recent months argued that China’s and Russia's economic slowdowns have resulted in larger tonnages from these countries being pushed to Iran. Billet imports are now levied with a 10% import tariff, while all flat products incur a 15% …
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