{"id":573222,"date":"2020-07-26T04:16:34","date_gmt":"2020-07-26T04:16:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/court-strikes-down-effort-to-end-steel-tariffs\/"},"modified":"2020-07-26T04:16:34","modified_gmt":"2020-07-26T04:16:34","slug":"court-strikes-down-effort-to-end-steel-tariffs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/court-strikes-down-effort-to-end-steel-tariffs\/","title":{"rendered":"Court strikes down effort to end steel tariffs"},"content":{"rendered":"

<\/a> DISPUTE WATCH- Court strikes down effort to end steel tariffs:<\/strong> 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<\/a> reported on Saturday. This is the second legal challenge mounted by small-scale rolling mills, which have threatened to shutter production, arguing that the Trade Ministry\u2019s 25% duty on steel rebar and 16% tariff on iron billets hampers their competitiveness. The chamber is set to hold an emergency summit to discuss the latest decision.<\/p>\n

Background: <\/strong>The Trade Ministry postponed in April<\/a> cutting import tariffs imposed on steel rebar and iron billets for a six-month period. The ministry had imposed a 25% duty on steel rebar and a 16% duty on iron billets for three years, which were to be gradually reduced over the period, but the first round of the plan was called off to keep larger factories afloat amid the pandemic. The Supreme Administrative Court had previously rejected a bid to slash the duties in October 2019, overruling an administrative court that had accepted the chamber\u2019s bid earlier that year.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 mounted by small-scale rolling mills, […]<\/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":[8572],"tags":[72,5289,411,5290,2380,132,483],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573222","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-iron-billets","tag-judiciary","tag-protectionist-duties","tag-speed-round","tag-trade","tag-trade-and-industry-ministry","wpautop","entry"],"acf":{"mongo_id":"e4029381-ea7d-42b1-a47b-e5ade0be97ce","is_powered_by":true,"section_story_id":"f4bf9b80-854b-4a1e-9794-61b90b9f2bd6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[573206],"teaser":"","voice_url":""},"yoast_head":"\nCourt strikes down effort to end steel 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\/26\/court-strikes-down-effort-to-end-steel-tariffs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Court strikes down effort to end steel tariffs\" \/>\n<meta property=\"og:description\" content=\"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. 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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":572146,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/14\/govt-considering-raising-tariffs-on-imports-of-steel-iron-billets\/","url_meta":{"origin":573222,"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 "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":567561,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/22-rolling-mills-to-halt-production-on-steel-import-tariffs\/","url_meta":{"origin":573222,"position":2},"title":"22 rolling mills to halt production on steel import tariffs","author":"enterpriseam admin","date":"27 January 2020","format":false,"excerpt":"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\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\/2020\/1\/705.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593911,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/14\/rolling-mills-to-appeal-court-decision-upholding-steel-import-tariffs\/","url_meta":{"origin":573222,"position":3},"title":"Rolling mills to appeal court decision upholding steel import tariffs","author":"enterpriseam admin","date":"14 October 2019","format":false,"excerpt":"The steel tariff beef still isn\u2019t over. 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. 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