UK intends to lift duties on ferrosilicon from Russia and China

Tuesday, 11 February 2020 16:26:43 (GMT+3)   |   Istanbul
       

The UK, having exited the European Union on January 31 this year, is planning to conduct its own trade policies once the 11-month transition period is over.

In particular, the British government has announced its intention to abolish antidumping duties on some goods, including some raw materials used for steel production. Currently, ferrosilicon imports from China and Russia are subject to 31.2 percent and 22.7 percent duties respectively. It is planned to lift this trade restriction which has been valid since 2008 by early next year, SteelOrbis has learned.


Most Recent Related Articles

UK-based Billington awards three contracts worth £21 million

Turkish billet importers resist price increase

IREPAS: Global longs steel market situation stable, mainly driven by China

Three deep sea sales disclosed in Turkey

Billet sold at higher levels in Turkey’s Iskenderun region