Egypt’s Trade Ministry to make final decision on billet import fees

The Trade Ministry is due to decide before next Sunday 11 October whether to cut or extend  anti-dumping duties of of 25 percent  imposed on steel rebar and iron billets , Al Borsa News reports.

In 2019, the country’s ministry of trade and industry issued a decision to temporarily impose a new 16 percent fee on iron billets and a 25 percent fees steel rebars

The government has been planning to gradually taper off the rates over a three year period from the date of rolling out the tariffs, but authorities postponed the reductions twice, the latest of which was in April.