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Egypt extends anti-dumping duty on rebar imports

Egypt extends anti-dumping duty on rebar imports
Egypt’s minister of trade and industry Tarek Kabil

Cairo – Mubasher: Egypt’s minister of trade and industry Tarek Kabil on Tuesday said that the period of applying the anti-dumping duty on Chinese, Turkish, and Ukrainian rebar imports has been extended for two months to end in December.

Anti-dumping charges on Chinese imports amount to 17% of cost insurance and freight (CIF), Kabil highlighted in a statement by the Ministry of Trade and Industry.

Meanwhile, charges on Turkish and Ukrainian imports range from 10% to 19% and from 15% to 27% of CIF, respectively.

The decision was extended after local producers complained that they were suffering from significant rebar imports from these three countries.

Procedures pertaining to rebar import dumping began in August.