Egypt to retain tariffs on steel rebar for 5 years

CAIRO – 6 December 2017: Egypt will maintain tariffs on steel rebar from China, Turkey, and Ukraine for a period of five years, the trade ministry said on Wednesday, extending a temporary tariff imposed earlier this year.

The tariff was first implemented in June to protect local manufacturers and set at 17 percent for Chinese steel, 10-19 percent for Turkish steel, and 15-27 percent for Ukrainian steel.