Egypt’s rolling mills call for meeting with PM to discuss billet tariffs

Rolling mills have asked for “an urgent meeting” with Prime Minister Moustafa Madbouly over losses they are incurring due to the Trade Ministry’s imposition of 15% tariffs on imported steel billets, reports Al Shorouk. The mills claim that the ministry’s decision — which was overturned by the Supreme Administrative Court in July but remains in force — is paving the way for an industry dominated by long-product steel factories. The manufacturers are asking for an independent committee to be formed to assess the situation.