Borusan Mannesmann wins legal action regarding Section 232 measures

Wednesday, 08 February 2023 15:32:30 (GMT+3)   |   Istanbul

Turkish pipe maker Borusan Mannesmann has announced that, as a result of its legal action it has fully collected the $48.9 million in duties paid, including $7.5 million in interest, during 2018-19 period for pipes supplied to the Gulf Coast Express Pipeline (GCX) Project in the US.

The company paid these duties within the scope of the Section 232 measures which came into force in 2018, though these shipments were later exempted from the Section 232 duties. 

DemetKazdal
Demet Kazdal
Editor

After graduating from Boğaziçi University with a degree in English Language and Literature, I have spent the past 15 years developing deep expertise in the steel industry. At SteelOrbis, I serve as Head of Content Department. I write and edit comprehensive news and reports on steel markets, with a primary focus on the Turkish market as well as global market dynamics.

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