Turkey imposes additional duties on steel importsChristian Fernsby ▼ | May 24, 2020
Turkish media reported that Turkey has imposed up to 14% additional duties on several types of steel imports to prevent a rise in steel imports into the country.
Types of steel Turkey steel
These rates are set to be reduced in October, with the additional duty on hot-rolled flat steel decreasing to 9%, down from the initial 14%.
Cold-rolled flat steel will be subject to a 5% additional import duty, down from 10% and alloy flat steel imports will be subject to a 6% import duty down from 11%.
Alloy steel wires, tubes and pipes will be subject to 5% additional duty in October, down from 10%. ■