{"id":573070,"date":"2020-07-19T04:07:31","date_gmt":"2020-07-19T04:07:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/"},"modified":"2020-07-19T04:07:31","modified_gmt":"2020-07-19T04:07:31","slug":"al-gioshy-steel-postpones-expansion-blames-new-import-tariffs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/","title":{"rendered":"Al Gioshy Steel postpones expansion, blames new import tariffs"},"content":{"rendered":"<p>Al Gioshy Steel has postponed plans to add a production line to its steel rebar production facility, citing the Trade Ministry\u2019s tariffs on imports of steel and iron billet as a major reason, CEO Tarek Al Gioshy <a href=\"https:\/\/bit.ly\/30pmEH8\">tells Al Mal<\/a>. The company has resumed operations at its factory after having halted production to protest the duties, which the government imposed <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/15\/diplomacy-and-foreign-trade-on-15-april-2019\/\">last year<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Al Gioshy Steel has postponed plans to add a production line to its steel rebar production facility, citing the Trade Ministry\u2019s tariffs on imports of steel and iron billet as a major reason, CEO Tarek Al Gioshy tells Al Mal. The company has resumed operations at its factory after having halted production to protest the [&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":[9309],"tags":[2416,72,131,9323,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573070","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","tag-manufacturing","tag-protectionism","tag-trade","wpautop","entry"],"acf":{"mongo_id":"097d94b0-dc54-4ec1-bc5d-7dc5f2448d37","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[573039],"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>Al Gioshy Steel postpones expansion, blames new 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\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Gioshy Steel postpones expansion, blames new import tariffs\" \/>\n<meta property=\"og:description\" content=\"Al Gioshy Steel has postponed plans to add a production line to its steel rebar production facility, citing the Trade Ministry\u2019s tariffs on imports of steel and iron billet as a major reason, CEO Tarek Al Gioshy tells Al Mal. The company has resumed operations at its factory after having halted production to protest the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-19T04:07:31+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Gioshy Steel postpones expansion, blames new import tariffs\",\"datePublished\":\"2020-07-19T04:07:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\",\"Manufacturing\",\"protectionism\",\"trade\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/al-gioshy-steel-postpones-expansion-blames-new-import-tariffs\/\",\"name\":\"Al Gioshy Steel postpones expansion, blames new import tariffs - 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Polaris Parks also signed yesterday a cooperation protocol with the National Bank of Egypt (NBE) to offer subsidized loans to investors\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646455,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/14\/steel-rebars-prices-up-by-17-following-import-tariffs\/","url_meta":{"origin":573070,"position":3},"title":"Steel rebars prices up by 17% following import tariffs","author":"enterpriseam admin","date":"14 June 2017","format":false,"excerpt":"Steel rebars prices increased 17% from last month after the Trade and Industry Ministry imposed tariffs on imported rebars from China, Turkey, and Ukraine, Reuters reports. The tariff is set to remain in place for four months. Egyptian rebars prices rose to EGP 10,500-10,600 per tonne from EGP 9,000 last\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":588842,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/18\/msc-to-build-tenth-of-ramadan-dry-port\/","url_meta":{"origin":573070,"position":4},"title":"MSC to build Tenth of Ramadan dry port","author":"enterpriseam admin","date":"18 June 2023","format":false,"excerpt":"Four consortiums put in bids for the project","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\/2023\/6\/832.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":573070,"position":5},"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. 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