Iranian steelmakers have asked their government to raise import duties for certain steels as high as 40 percent due to a flood of cheap import sales mostly from China.
In the current year, Chinese steel exports have risen by almost 30 percent overall, despite the Iranian efforts to limit exports from China. Meanwhile, earlier this year Iran raised import duties on certain steel imports to between 10 and 20 percent due to a request from the Iran Steel Producers Association (ISPA).
“We have asked the government to raise import duties of up to 40 percent on flat steel products. For long products, we plan to ask for duties of up to 30 percent. We do not have proper antidumping duties in Iran and we hope these measures will function like antidumping duties in practice. Most of the steel imports into Iran are coming from China,” said ISPA board member Bahador Ahramian.