Iran has reduced the import duty on several steel products, according to media reports.
Import duty has been reduced from 15 percent to five percent for semi-finished products, from 20 percent to 15 percent for hot rolled strip, and from 20 percent to 10 percent for hot rolled coil (HRC).
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.