Egypt’s Ministry of Industry and Trade has announced that it has terminated the countervailing duty (CVD) investigation on rebar imports from Turkey and China.
The investigation was launched in December 2016 upon the application lodged by the domestic industry alleging that the imports of steel rebar from China and Turkey were imported at subsidized prices causing material injury to the domestic industry.
As a result of the investigation, the ministry decided to terminate the anti-subsidy investigation on steel rebar originating in or exported from China and Turkey because there were other causes for the material injury suffered by the domestic industry.
The goods in question currently fall under Customs Tariff Statistics Position Number 7213, 7214, 7227 and 7228.