{"id":594829,"date":"2019-09-09T04:11:23","date_gmt":"2019-09-09T04:11:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/court-postpones-iron-billet-import-duty-hearing-to-5-october\/"},"modified":"2019-09-09T04:11:23","modified_gmt":"2019-09-09T04:11:23","slug":"court-postpones-iron-billet-import-duty-hearing-to-5-october","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/court-postpones-iron-billet-import-duty-hearing-to-5-october\/","title":{"rendered":"Court postpones iron billet import duty hearing to 5 October"},"content":{"rendered":"

Court postpones iron billet import duty hearing to 5 October:<\/b> The Supreme Administrative Court has postponed to 5 October its ruling on appeals filed by the State Lawsuits Authority and a number of iron and steel companies against the suspension of a 15% import fee on iron billets, according to Masrawy<\/a>. This is the third time the hearing has been postponed since mid-August. A lower administrative court in July<\/a> turned down the Trade Ministry\u2019s appeal to reimpose the 15% duty, which it lodged after 21 iron factories won a case at the court reversing the ministry\u2019s decision.<\/p>\n

Background:<\/b> The Trade Ministry imposed a 15% import fee on iron billets and a 25% fee on steel imports in April. The decision was brought to court by a number of rolling mills who said the increased prices of iron had forced them to halt production. This led the administrative court to suspend the decision in July<\/a>.<\/p>\n

Trade Ministry claims 80% of steel jobs will disappear without protectionist measures:<\/b> Steel companies will not be able to continue production without import fees, forcing them to lay off 80% of their direct labor force, according to a ministry report picked up by the local press<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Court postpones iron billet import duty hearing to 5 October: The Supreme Administrative Court has postponed to 5 October its ruling on appeals filed by the State Lawsuits Authority and a number of iron and steel companies against the suspension of a 15% import fee on iron billets, according to Masrawy. This is the third […]<\/p>\n","protected":false},"author":1,"featured_media":594830,"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":[317,72,963,131,11112,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-commodities","tag-enterpriseam","tag-law","tag-manufacturing","tag-safeguard","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"20cf5367-3252-4a7f-a4d1-87d002dac73b","is_powered_by":true,"section_story_id":"66e94785-feb3-4474-a741-622d688ca2bb","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/9\/2819.jpg","photo_position":"above","related_issue":[594815],"teaser":"","voice_url":""},"yoast_head":"\nCourt postpones iron billet import duty hearing to 5 October - 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\/2019\/09\/09\/court-postpones-iron-billet-import-duty-hearing-to-5-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Court postpones iron billet import duty hearing to 5 October\" \/>\n<meta property=\"og:description\" content=\"Court postpones iron billet import duty hearing to 5 October: The Supreme Administrative Court has postponed to 5 October its ruling on appeals filed by the State Lawsuits Authority and a number of iron and steel companies against the suspension of a 15% import fee on iron billets, according to Masrawy. 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This is the second time the hearing has been pushed in the past week after two\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596022,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/egypts-supreme-administrative-court-postpones-iron-billet-appeals-to-24-august\/","url_meta":{"origin":594829,"position":1},"title":"Egypt\u2019s Supreme Administrative Court postpones iron billet appeals to 24 August","author":"enterpriseam admin","date":"18 August 2019","format":false,"excerpt":"The Supreme Administrative Court has postponed to 24 August appeals filed by the State Lawsuits Authority and a number of companies to bring back the now-canceled 15% import duty on iron billets after two judges resigned from the panel, according to Al Mal. The lower administrative court last month turned\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569385,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/23\/egypt-administrative-court-postpones-billet-case-to-23-may\/","url_meta":{"origin":594829,"position":2},"title":"Egypt administrative court postpones billet case to 23 May","author":"enterpriseam admin","date":"23 February 2020","format":false,"excerpt":"An administrative court has postponed to 23 May its ruling on an appeal by steel rolling mills to overturn a government\u2019s decision to place import tariffs on steel rebar and iron billets, reports Al Mal. The decision came after a state commissioner said in a hearing held yesterday that 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":604726,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypts-fra-postpones-beltone-appeal-hearing-again\/","url_meta":{"origin":594829,"position":3},"title":"Egypt\u2019s FRA postpones Beltone appeal hearing again","author":"enterpriseam admin","date":"11 December 2018","format":false,"excerpt":"FRA postpones hearing on Beltone appeal to 17 December: The Financial Regulatory Authority has postponed to Monday, 17 December is hearing on Beltone Financial\u2019s appeal hearing of a six-month suspension handed to its investment banking arm, according to Al Mal. The hearing was first scheduled to take place on 26\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":570783,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/14\/trade-ministry-postpones-steel-tariff-reduction-for-six-months\/","url_meta":{"origin":594829,"position":4},"title":"Trade Ministry postpones steel tariff reduction for six months","author":"enterpriseam admin","date":"14 April 2020","format":false,"excerpt":"The Trade and Industry Ministry has postponed cutting import tariffs imposed on steel rebar and iron billets for a six-month period starting on 11 April 2020, according to an official document obtained by Al Mal. The ministry had imposed a 25% duty on steel rebar and a 16% duty on\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":573222,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/court-strikes-down-effort-to-end-steel-tariffs\/","url_meta":{"origin":594829,"position":5},"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. 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