30
Jun
01:00
Turkish exports to Egypt surge in Jan-May, seen continuing despite duty
Turkish steel exports to Egypt grew 70% year-on-year to 359,000 tonnes in the five months through May, despite Egypt’s rebar import duty, Kallanish learns from the Turkish Steel Exporters Association (CIB). However, safeguard measures continue to press Turkish steel exporters, CIB says.
In April Egypt approved a three-year definitive safeguard duty on rebar imports, which amounts to 8% of the rebar's cif value for the first year and decli…
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Anonymous
Very good overview of the weekly steel market.
Anonymous