{"id":596774,"date":"2019-07-08T04:00:34","date_gmt":"2019-07-08T04:00:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/egypts-administrative-court-suspends-15-import-on-iron-billets\/"},"modified":"2019-07-08T04:00:34","modified_gmt":"2019-07-08T04:00:34","slug":"egypts-administrative-court-suspends-15-import-on-iron-billets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/egypts-administrative-court-suspends-15-import-on-iron-billets\/","title":{"rendered":"Egypt\u2019s administrative court suspends 15% import on iron billets"},"content":{"rendered":"

Administrative court suspends 15% import fee on iron billets:<\/b> The Supreme Administrative Court has suspended the 15% import duty on iron billets imposed by the Trade Ministry in April, Mubasher reported<\/a>. The court is now seeking expert opinion to ascertain the effects of the duty on local industry. Twenty-one iron factories had filed a lawsuit against the ministry\u2019s decision after the increased price of iron forced them to stop production, according to Al Masry Al Youm<\/a>. The ministry imposed the 15% levy, together with a 25% import fee on steel rebar, in mid-April<\/a> for a period of 180 days.<\/p>\n

Al Marakbi considers counter-lawsuit:<\/b> Hassan Al Marakbi, chairman of Al Marakbi Steel Company, told Al Masry Al Youm that he is considering filing a lawsuit against the court\u2019s decision to suspend the duties, arguing that the local industry will be hit by an influx in foreign iron imports.<\/p>\n","protected":false},"excerpt":{"rendered":"

Administrative court suspends 15% import fee on iron billets: The Supreme Administrative Court has suspended the 15% import duty on iron billets imposed by the Trade Ministry in April, Mubasher reported. The court is now seeking expert opinion to ascertain the effects of the duty on local industry. Twenty-one iron factories had filed a lawsuit […]<\/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":[72,7196,2380,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596774","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-industry","tag-speed-round","tag-trade","wpautop","entry"],"acf":{"mongo_id":"ca25830e-3305-4efe-9b45-a37fb5725057","is_powered_by":true,"section_story_id":"1c514aaa-97b8-4ebb-8bdf-f6937134abbc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596764],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s administrative court suspends 15% import on 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\/2019\/07\/08\/egypts-administrative-court-suspends-15-import-on-iron-billets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s administrative court suspends 15% import on iron billets\" \/>\n<meta property=\"og:description\" content=\"Administrative court suspends 15% import fee on iron billets: The Supreme Administrative Court has suspended the 15% import duty on iron billets imposed by the Trade Ministry in April, Mubasher reported. 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The BSC said in its recommendation report that there wasn\u2019t sufficient evidence to prove 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":594829,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/court-postpones-iron-billet-import-duty-hearing-to-5-october\/","url_meta":{"origin":596774,"position":2},"title":"Court postpones iron billet import duty hearing to 5 October","author":"enterpriseam admin","date":"9 September 2019","format":false,"excerpt":"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\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":573222,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/court-strikes-down-effort-to-end-steel-tariffs\/","url_meta":{"origin":596774,"position":3},"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":597224,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/court-to-hear-appeals-for-and-against-decision-to-impose-15-import-duty-on-iron-billets-on-4-aug\/","url_meta":{"origin":596774,"position":4},"title":"Court to hear appeals for and against decision to impose 15% import duty on iron billets on 4 Aug","author":"enterpriseam admin","date":"18 July 2019","format":false,"excerpt":"The Supreme Administrative Court will hear on 4 August a total of eight appeals filed by the State Lawsuits Authority and a number of companies to bring back the now-canceled 15% import duty on iron billets, the local press reported. An administrative court earlier this week turned down the Trade\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594667,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/03\/duties-on-iron-billets-are-in-egypts-interest-says-anti-dumping-authority\/","url_meta":{"origin":596774,"position":5},"title":"Duties on iron billets are in Egypt\u2019s interest, says anti-dumping authority","author":"enterpriseam admin","date":"3 September 2019","format":false,"excerpt":"The Trade Ministry\u2019s anti-dumping policy unit issued a report defending the ministry\u2019s decision to impose import duties on iron billets, saying it serves the public interest and is beneficial for the domestic steel sector, according to the local press. Steel rebar factories have been in a legal dispute with authorities\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"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\/596774","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=596774"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596774\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596764"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596774"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596774"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}