Egyptian Steel seeks duties on Turkish rebar: chief exec
Jul 23, 2014 | 11:55 AM
| Nat Rudarakanchana
NEW YORK Egyptian Steel Group is seeking anti-dumping tariffs on Turkish rebar to help protect the fledgling local industry and is looking at the U.S. Commerce Departments handling of its rebar trade case against Turkey with interest, according to its top executive.
Anti-dumping duties of 5 to 7 percent on Egyptian imports of Turkish rebar for four or five years could protect a budding Egyptian steel sector that has been hit with rising natural gas and water prices as well as higher wages following that countrys democratic revolution, chief executive officer Ahmed Abou Hashima told AMM in an exclusive interview July 21. The sector is disadvantaged compared with Turkish rebar producers, which established their industry in the late 1980s and have enjoyed substantial government support since 2007, he....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.