Turkey approves provisional safeguard measures on certain steel products

Tuesday, 02 October 2018 14:47:50 (GMT+3)   |   Istanbul
       

According to Turkey’s Official Gazette, President Recep Tayyip Erdogan has approved the proposal to impose import quotas on certain steel products and also to impose 25 percent duty if the quotas are exceeded. The provisional safeguard measures will be in place for 200 days. The measures will come into force 15 days after the publication of the notice (October 2).

Products to be subject to the provisional safeguard measures are flat steel products, long steel products, pipes and hollow sections, stainless steel and steel products for railways.

Products and quotas subject to the provisional duties can be seen in the below table:

Product group

HTS Codes

Quotas (mt)

Duty

 

Flat Products

72.08

 

3,117,670

 

 

 

 

 

 

25%

72.09

72.10

72.11

72.12

72.25

72.26

Long Products (Bars, wires, sections)

72.13

 

558,534

72.14

72.15

72.16

72.27

72.28

Pipe and Hollow Sections

73.03

273,901

73.04

73.05

73.06

Stainless Steel*

72.19

139,934

72.20

Steel Products for Railways

73.02

27,044

 

*Excluding 7219.11, 7219.12, 7219.13, 7219.14, 7219.21, 7219.22, 7219.23, 7219.24, 7220.11 and 7220.12.


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