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16 Dec
13:45

Rebar import tariff rumours abound in GCC market

The Gulf Cooperation Council steel market is abuzz with rumours about a potential customs duty increase on rebar imports into the GCC by 15%. However, no official statement on the matter has been made from government ministries or the GCC Secretariat. Steel market participants who spoke to Kallanish at an industry gathering in Dubai this week said a proposal to hike the GCC rebar import duty from 5% to 20% was being discussed by “… top level officia…
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