Turkey raises duties on some finished, semi-finished steel products

摘要

Turkey has increased import duties on some finished and semi-finished steel products for a three month-period to protect production and employment in the domestic steel industry during the COVID-19 pandemic, according to a presidential decree published on Saturday. According to the decree, customs duties on some alloy and non alloy billet, slab, hot-rolled coil, cold rolled coil, coated coil, stainless steel, sections and some bar products have been increased by 5% effective April 18 until July 15, from the previous range of 9%-15% up to 14%-20%.