{"id":643028,"date":"2017-08-28T03:59:17","date_gmt":"2017-08-28T03:59:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/"},"modified":"2017-08-28T03:59:17","modified_gmt":"2017-08-28T03:59:17","slug":"steel-imports-down","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/","title":{"rendered":"Steel imports down"},"content":{"rendered":"<p>Steel imports declined 74% y-o-y in 1H2017 to 263.8k tonnes, compared to 1.25 mn tonnes in the same period last year, according to a General Organization for Export and Import Control (GOEIC) report,<a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=27082017&id=101a809d-2d89-4505-a4f0-c2af4b1885c8\">picked up by Al Shorouk<\/a>. The weaker currency has made imports unsustainable for a lot of businesses, especially with anti-dumping regulations imposed on the steel industry. Steel prices have continued to rise even on a local level making some question the wisdom of <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/24\/anti-dumping-duties-economics-or-politics\/\">anti-dumping duties<\/a>. The government recently exempted <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/27\/no-anti-dumping-duties-on-steel-imported-from-belgium-and-china\/\">Belgian and Chinese steel<\/a> from the duties to prevent the extra charge from affecting the competitiveness of Egypt\u2019s electrical appliances abroad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Steel imports declined 74% y-o-y in 1H2017 to 263.8k tonnes, compared to 1.25 mn tonnes in the same period last year, according to a General Organization for Export and Import Control (GOEIC) report,picked up by Al Shorouk. The weaker currency has made imports unsustainable for a lot of businesses, especially with anti-dumping regulations imposed on [&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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-643028","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"98ad3c58-2407-4b41-95cc-fbf6d8782860","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642988],"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>Steel imports down - 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\/2017\/08\/28\/steel-imports-down\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Steel imports down\" \/>\n<meta property=\"og:description\" content=\"Steel imports declined 74% y-o-y in 1H2017 to 263.8k tonnes, compared to 1.25 mn tonnes in the same period last year, according to a General Organization for Export and Import Control (GOEIC) report,picked up by Al Shorouk. The weaker currency has made imports unsustainable for a lot of businesses, especially with anti-dumping regulations imposed on [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-28T03:59:17+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\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\/2017\/08\/28\/steel-imports-down\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Steel imports down\",\"datePublished\":\"2017-08-28T03:59:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/\"},\"wordCount\":105,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/\",\"name\":\"Steel imports down - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-28T03:59:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Steel imports down\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Steel imports down - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/steel-imports-down\/","og_locale":"en_US","og_type":"article","og_title":"Steel imports down","og_description":"Steel imports declined 74% y-o-y in 1H2017 to 263.8k tonnes, compared to 1.25 mn tonnes in the same period last year, according to a General Organization for Export and Import Control (GOEIC) report,picked up by Al Shorouk. 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