Gov’t extends steel import tariffs

The Trade and Industry Ministry has extended temporary import tariffs on steel rebar from China, Turkey, and Ukraine for two months, Reuters reports. The tariff was set in June to protect local manufacturers and was to remain in place for four months, but the new extension pushes it to 6 December. The tariff is set at 17% for Chinese steel, 10-19% for Turkish steel, and 15-27% for Ukrainian steel.