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Egypt imposes tariffs on Chinese, Turkish, and Ukrainian steel: Ministry

Reuters , Tuesday 6 Jun 2017
Steel
Workers check steel products at a factory in Dalian, Liaoning Province, China, March 2017 (Photo: Reuters)
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 Egypt has imposed temporary import tariffs on steel from China, Turkey and Ukraine, the trade ministry said in a statement on Tuesday.

The tariff will be set at 17 percent for Chinese steel, 10-19 percent for Turkish steel, and 15-27 percent for Ukrainian steel, it said.

"The decision comes following a thorough study... and is intended to protect local manufacturing from harmful practices by imported alternatives," Trade Minister Tarek Kabil said in the statement.

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