{"id":567561,"date":"2020-01-27T04:00:00","date_gmt":"2020-01-27T04:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/"},"modified":"2020-01-27T04:00:00","modified_gmt":"2020-01-27T04:00:00","slug":"22-rolling-mills-to-halt-production-on-steel-import-tariffs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/","title":{"rendered":"22 rolling mills to halt production on steel import tariffs"},"content":{"rendered":"

Row over steel import tariffs flares up again:<\/strong> Twenty-two steel rolling mills will suspend production in protest at the government\u2019s decision to place import tariffs on steel rebar and iron billets, according to the local press.<\/a> The Trade Ministry last year introduced a 25% duty on steel rebar imports and a 16% tariff on iron billets in a bid to protect local producers. The decision has angered steel rolling mills who claim that they are unable to compete due to the high prices of raw materials.<\/p>\n

The mills, <\/strong>having failed so far to overturn the ministry\u2019s decision through the courts<\/a><\/strong>, will now shut down production,<\/strong> Gamal El Garhy, head of El Garhy Steel and the Metallurgical Chamber at the Federation of Egyptian Industries, said yesterday. Some of the mills have already stopped production while more will halt operations after using their remaining billet stocks in the next 20 days.<\/p>\n

What comes next:<\/strong> A commissioners' report should be out on Saturday<\/a>, on which the Administrative Court will base its decision on whether to back the tariffs, or side with the lower administrative court which reversed the ministry\u2019s decision<\/a>. As it currently stands, the ministry will gradually taper the tariffs<\/a> over the next three years. The duties are set to fall to 21% for steel rebar and 13% for iron billets on 11 April 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

Row over steel import tariffs flares up again: Twenty-two steel rolling mills will suspend production in protest at the government\u2019s decision to place import tariffs on steel rebar and iron billets, according to the local press. The Trade Ministry last year introduced a 25% duty on steel rebar imports and a 16% tariff on iron […]<\/p>\n","protected":false},"author":1,"featured_media":567562,"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":[8572],"tags":[317,10207,72,589,2380,69,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-commodities","tag-el-garhy","tag-enterpriseam","tag-ezz-steel","tag-speed-round","tag-tax","tag-trade","wpautop","entry"],"acf":{"mongo_id":"7604752e-c34c-456b-8a4b-651410da36a7","is_powered_by":true,"section_story_id":"7082ce94-2f8b-4597-bedf-cfcffb167c3d","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/1\/705.jpg","photo_position":"above","related_issue":[567542],"teaser":"","voice_url":""},"yoast_head":"\n22 rolling mills to halt production on steel import tariffs - 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\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"22 rolling mills to halt production on steel import tariffs\" \/>\n<meta property=\"og:description\" content=\"Row over steel import tariffs flares up again: Twenty-two steel rolling mills will suspend production in protest at the government\u2019s decision to place import tariffs on steel rebar and iron billets, according to the local press. The Trade Ministry last year introduced a 25% duty on steel rebar imports and a 16% tariff on iron […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-27T04:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/705.jpg?fit=%2C&ssl=1\" \/>\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\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"22 rolling mills to halt production on steel import tariffs\",\"datePublished\":\"2020-01-27T04:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/\"},\"wordCount\":228,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/705.jpg?fit=%2C&ssl=1\",\"keywords\":[\"commodities\",\"El Garhy\",\"EnterpriseAM\",\"Ezz Steel\",\"SPEED ROUND\",\"tax\",\"trade\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/\",\"name\":\"22 rolling mills to halt production on steel import tariffs - 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Rolling mills are planning to appeal once again a decision to introduce import duties on steel rebar and iron billets, claiming that the measures will damage their businesses, Al Shorouk reports. The High Administrative Court yesterday overturned a court decision to freeze the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/10\/40.jpg?fit=%2C&ssl=1&resize=350%2C200","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":567561,"position":1},"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 "Speed Round"","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":572146,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/14\/govt-considering-raising-tariffs-on-imports-of-steel-iron-billets\/","url_meta":{"origin":567561,"position":2},"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 "Speed Round"","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":593862,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/administrative-court-backs-trade-ministrys-steel-import-tariffs\/","url_meta":{"origin":567561,"position":3},"title":"Administrative Court backs Trade Ministry\u2019s steel import tariffs","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"Has the battle over steel tariffs finally been resolved? The High Administrative Court has overturned a court decision to freeze the Trade Ministry\u2019s decision to impose a 25% duty on steel rebar and a 16% duty on iron billets for three years, the local press reports. The administrative court ruled\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2819.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590705,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/egyptian-administrative-court-keeps-steel-import-tariffs\/","url_meta":{"origin":567561,"position":4},"title":"Egyptian Administrative Court keeps steel import tariffs","author":"enterpriseam admin","date":"31 December 2019","format":false,"excerpt":"The Administrative Court has decided to refer to commissioners a lawsuit against the Trade Ministry\u2019s decision to impose import tariffs on steel rebar and iron billets, according to Al Mal. The commissioners will prepare a report on the matter, which the court will look into on 1 February. In the\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"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":567561,"position":5},"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 "Speed Round"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567561","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=567561"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567561\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/567542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/567562"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567561"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567561"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}