Egypt’s administrative court turns down gov’t appeal to bring back iron tariffs

The administrative court has turned down the Trade Ministry’s appeal to bring back the 15% import duty on iron billets, which it lodged after twenty-one iron factories won a case at the court reversing the ministry’s decision to impose the duties, according to Al Mal. The companies halted operations last week in response to the appeal, saying they would not resume production until the court rules on the appeal.