Morocco starts investigation for extension of HRC import duty

Thursday, 26 January 2023 17:20:11 (GMT+3)   |   Istanbul
       

Morocco’s Ministry of Industry and Trade has announced that it has initiated an investigation for the extension of safeguard measures on imports of hot rolled coils.

The review was launched upon a request of local flat steel producer Maghreb Steel. 

The ministry imposed an additional duty of 25 percent on imports of hot rolled coils for three years from June 19, 2020 to June 18, 2023. The additional duty was reduced by one percentage point per year during the period of the measure. 

The products subject to the safeguard measure currently fall under Customs Tariff Statistics Position Numbers 72.08, 72.11.13, 72.11.14, 72.11.19, 72.25.30, 72.25.40, 72.26.20.00.11, 72.26.20.00.20, 72.26.20.00.51, 72.26.20.00.52, 72.26.20.00.59, 72.26.91, and 72.26.99.80.00.


Similar articles

US flat steel steady to lower on scant demand, flat to lower early June scrap call

17 May | Flats and Slab

Global View on HRC: Most suppliers still keep prices stable though trade remains slow

17 May | Flats and Slab

Romania’s flat steel market stable despite weaker trade

17 May | Flats and Slab

EU’s wire rod and HS import quotas for Turkey exhausted

17 May | Steel News

Major steel and raw material futures prices in China - May 16, 2024

17 May | Longs and Billet

European HRC mills refuse to cut prices despite weak demand

16 May | Flats and Slab

Flat steel prices in local Taiwanese market - week 20, 2024

16 May | Flats and Slab

Turkey's flats spot prices stable, demand still insufficient

16 May | Flats and Slab

Major steel and raw material futures prices in China - May 16, 2024

16 May | Longs and Billet

Import HRC finds no buyer in Turkey amid weak demand, cautious buyers

16 May | Flats and Slab