{"id":562287,"date":"2021-05-18T04:24:44","date_gmt":"2021-05-18T04:24:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/reduced-tariffs-on-steel-rebars-iron-billets\/"},"modified":"2021-05-18T04:24:44","modified_gmt":"2021-05-18T04:24:44","slug":"reduced-tariffs-on-steel-rebars-iron-billets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/reduced-tariffs-on-steel-rebars-iron-billets\/","title":{"rendered":"Reduced tariffs on steel rebars + iron billets"},"content":{"rendered":"<p><strong>Reduced tariffs on steel rebars + iron billets:<\/strong> The Trade and Industry Ministry reduced import tariffs on iron billets last month to USD 46 per tonne from USD 60, while anti-dumping duties on steel rebars are now at USD 85 \/ tonne, down from USD 105, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=17052021&id=384df52d-2de9-4b02-b418-b0ab44eaa29e\">Al Shorouk<\/a> reports. These rates will remain in place until April 2022, when they are expected to be reduced again. The duties on steel rebars and iron billets were originally introduced provisionally in <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/15\/diplomacy-and-foreign-trade-on-15-april-2019\/\">April 2019<\/a>, with an eye to gradually tapering off the rates over a three-year period from the date of rolling out the tariffs.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>New archaeological discovery:<\/strong> Some <a href=\"https:\/\/www.facebook.com\/moantiquities\/posts\/4075644059147880\">250 rock tombs<\/a> dating back to the Old Kingdom have been discovered in Sohag.<\/li>\n<li>The first <strong>direct charter flight from Romania<\/strong> to Egypt since the outbreak of the pandemic landed in Marsa Matrouh yesterday (<a href=\"https:\/\/www.youtube.com\/watch?v=SGtI_x6FMrE\">watch, runtime: 1:13<\/a>).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Reduced tariffs on steel rebars + iron billets: The Trade and Industry Ministry reduced import tariffs on iron billets last month to USD 46 per tonne from USD 60, while anti-dumping duties on steel rebars are now at USD 85 \/ tonne, down from USD 105, Al Shorouk reports. These rates will remain in place [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,687,504,72,412,132,483],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562287","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-ancient-egypt","tag-archaeology","tag-enterpriseam","tag-history","tag-trade","tag-trade-and-industry-ministry","wpautop","entry"],"acf":{"mongo_id":"e81fa3ea-9dc4-4dfc-b0b0-700b9e846b3c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[562267],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Reduced tariffs on steel rebars + iron billets - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/reduced-tariffs-on-steel-rebars-iron-billets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reduced tariffs on steel rebars + iron billets\" \/>\n<meta property=\"og:description\" content=\"Reduced tariffs on steel rebars + iron billets: The Trade and Industry Ministry reduced import tariffs on iron billets last month to USD 46 per tonne from USD 60, while anti-dumping duties on steel rebars are now at USD 85 \/ tonne, down from USD 105, Al Shorouk reports. These rates will remain in place [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/reduced-tariffs-on-steel-rebars-iron-billets\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-18T04:24:44+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/reduced-tariffs-on-steel-rebars-iron-billets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/reduced-tariffs-on-steel-rebars-iron-billets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Reduced tariffs on steel rebars + iron billets\",\"datePublished\":\"2021-05-18T04:24:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/reduced-tariffs-on-steel-rebars-iron-billets\/\"},\"wordCount\":150,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"Ancient Egypt\",\"archaeology\",\"EnterpriseAM\",\"History\",\"trade\",\"Trade and Industry Ministry\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/reduced-tariffs-on-steel-rebars-iron-billets\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/reduced-tariffs-on-steel-rebars-iron-billets\/\",\"name\":\"Reduced tariffs on steel rebars + iron billets - 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Gas exports have been given a boost by the return\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572146,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/14\/govt-considering-raising-tariffs-on-imports-of-steel-iron-billets\/","url_meta":{"origin":562287,"position":1},"title":"Gov\u2019t considering raising tariffs on imports of steel, iron billets","author":"enterpriseam admin","date":"14 June 2020","format":false,"excerpt":"The Trade and Industry Ministry is considering raising tariffs on imports of steel and iron billets, an unnamed government official told Al Shorouk. Ministry officials will meet this week with representatives from integrated and rolling mill factories to discuss policies to protect domestic industry during the pandemic, according to the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573222,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/court-strikes-down-effort-to-end-steel-tariffs\/","url_meta":{"origin":562287,"position":2},"title":"Court strikes down effort to end steel tariffs","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"DISPUTE WATCH- Court strikes down effort to end steel tariffs: An administrative court has rejected a petition submitted by the Chamber of Metallurgical Industries to cut import tariffs imposed on steel rebar and iron billets for three years, the local press reported on Saturday. This is the second legal challenge\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555194,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/04\/fx-reserves-inch-up-in-october\/","url_meta":{"origin":562287,"position":3},"title":"FX reserves inch up in October","author":"enterpriseam admin","date":"4 November 2021","format":false,"excerpt":"Egypt\u2019s foreign currency reserves inched up USD 24 mn in October, reaching USD 40.85 bn from USD 40.83 bn in September, according to official figures released yesterday.An undisclosed institutional investor is looking to buy a stake of up to 5% in pharma giant Rameda. The shares belong to an individual\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568723,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/02\/trade-protectionism-steel-law-manufacturing\/","url_meta":{"origin":562287,"position":4},"title":"trade, protectionism, steel, law, manufacturing","author":"enterpriseam admin","date":"2 February 2020","format":false,"excerpt":"Commissioners urge court to rule in favor of steel raw material tariffs: A report by the State Commissioners Authority yesterday urged a high-level administrative court to rule against steel rolling mills in their effort to overturn a government\u2019s decision to place import tariffs on steel rebar and iron billets, reports\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575137,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/diplomacy-foreign-trade-on-4-october-2020\/","url_meta":{"origin":562287,"position":5},"title":"Diplomacy + Foreign Trade on 4 October 2020","author":"enterpriseam admin","date":"4 October 2020","format":false,"excerpt":"It was a busy weekend on the foreign trade front: The Hungarian Import and Export Bank has earmarked some EUR 100 mn to finance unspecified industrial projects with Egyptian local partners, while Hungary is mulling setting up an industrial zone in Egypt, Hungarian Foreign Affairs and Trade Minister Peter Szijjarto\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=562287"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562287\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/562267"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=562287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=562287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=562287"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=562287"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=562287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}