The Trade Ministry’s anti-dumping policy unit issued a report defending the ministry’s decision to impose import duties on iron billets, saying it serves the public interest and is beneficial for the domestic steel sector, according to the local press. Steel rebar factories have been in a legal dispute with authorities since the Trade Ministry imposed in April anti-dumping duties of between 15-25% on iron billets imported for further processing. The companies won a court case reversing the ministry’s decision. The ministry then lodged appeals to bring back the duties, but saw the appeals turned down by the lower administrative court. The appeals are scheduled to be heard next Sunday by the Supreme Administrative Court.
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