Turkey imposes provisional import measures on certain steel products
According to a notice issued by the Turkish Ministry of Trade, Turkey has set import quotas for certain steel products and will collect a 25 percent import duty if the quota is exceeded. The measures will be in place for 200 days from September 20 onwards.
Products to be subject to the provisional safeguard measures are flat steel products, long steel products, pipes and hollow sections, stainless steel and steel products for railways. On the other hand, per World Trade Organization rules, developing countries were exempted from the measures in question.
Quota for Long Products (Bars, wires, sections) is announced as 558,534 mtons for the following HTS Codes:
72.13
72.14
72.15
72.16
72.27
72.28