{"id":683100,"date":"2026-01-25T00:00:00","date_gmt":"2026-01-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=683100"},"modified":"2026-01-25T03:58:35","modified_gmt":"2026-01-25T03:58:35","slug":"egyptian-steel-faces-a-total-export-freeze-to-the-us-under-hiked-tariffs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/25\/egyptian-steel-faces-a-total-export-freeze-to-the-us-under-hiked-tariffs\/","title":{"rendered":"Egyptian steel faces a total export freeze to the US under hiked tariffs"},"content":{"rendered":"

The US market is no longer an option for Egyptian steel. <\/strong>The US Department of Commerce imposed<\/a> a preliminary 29.51% countervailing duty on Egyptian rebar earlier this month, claiming that local producers benefit from unfair government subsidies. The duties come on top of the Trump administration\u2019s decision to double duties on steel imports to 50% in June, bringing the combined tariff rate to nearly 80% and putting the price of Egyptian steel above well above the cost of US-made alternatives. <\/p>\n

We could even see the combined rate top 100%, with a separate anti-dumping <\/strong>investigation potentially adding another 20-30% next May<\/strong>, Chamber of Metallurgical Industries Vice Chairman and El Marakby Steel Chairman Hassan El Marakby tells EnterpriseAM.<\/p>\n

Why it matters:<\/strong> In 2024, Egypt was the top source of rebar imports to the US, shipping some USD 175 mn worth of steel as local producers aggressively filled the gap left by other sanction-hit markets. That volume is exactly what triggered the US regulatory backlash. For many steel producers, one of their most lucrative hard-currency corridors has just been closed, El Marakby said.<\/p>\n

This is the first major geopolitical test for Ezz Steel since it <\/strong>voluntarily delisted<\/a><\/strong> from the <\/strong>EGX in March 2025.<\/strong> At the time, management sought flexibility to navigate global volatility. Being a private company today means Ezz doesn't have to explain a massive Q1 export hit to retail shareholders, but it doesn't solve the underlying problem \u2014 where does the steel go now?<\/p>\n

What\u2019s next? <\/strong>Expect an immediate freeze. No producer will ship to the US right now given the risk of duties being applied retroactively, argued El Marakby. With the US closed and the EU tightening its carbon border taxes (CBAM), the focus will likely shift either to accelerating green investments to clear European climate requirement hurdles, looking towards regional reconstruction projects in Libya and other nations, or doubling down on an already oversupplied local market.<\/p>\n

(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"

A new 29.51% countervailing duty on Egyptian rebar comes on top of an existing 50% rate on steel imports<\/p>\n","protected":false},"author":1,"featured_media":683101,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7335],"tags":[72,131,9025,12389,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-683100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-big-story-today","tag-enterpriseam","tag-manufacturing","tag-steel","tag-the-big-story-today","tag-trade","wpautop","entry"],"acf":{"mongo_id":"a3f1b376-3ecf-48ab-abae-0a0400f93147","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/404.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian steel faces a total export freeze to the US under hiked tariffs","related_issue":[683095],"teaser":"A new 29.51% countervailing duty on Egyptian rebar comes on top of an existing 50% rate on steel imports"},"yoast_head":"\nEgyptian steel faces a total export freeze to the US under hiked tariffs - 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The decision aims to reduce the reliance on steel imports and encourage local manufacturing, but local producers suggest they cannot remain competitive with 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":590705,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/egyptian-administrative-court-keeps-steel-import-tariffs\/","url_meta":{"origin":683100,"position":2},"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. 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":635647,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/government-should-monitor-market-for-price-increases-after-extending-tariffs-on-steel-rebar-imports\/","url_meta":{"origin":683100,"position":3},"title":"Government should monitor market for price increases after extending tariffs on steel rebar imports","author":"enterpriseam admin","date":"10 December 2017","format":false,"excerpt":"The government\u2019s decision to extend tariffs on steel rebar from China, Turkey, and Ukraine for five years should be accompanied with monitoring the domestic market to ensure producers do not gouge prices, a member of the Federation of Egyptian Industries says. The tariffs will reduce competition from foreign exporters and\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":669328,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/31\/egyptian-steel-exports-to-the-eu-will-be-subject-to-a-11-7-anti-dumping-duty\/","url_meta":{"origin":683100,"position":4},"title":"Egyptian steel exports to the EU will be subject to a 11.7% anti-dumping duty","author":"enterpriseam admin","date":"31 July 2025","format":false,"excerpt":"PLUS- Future cooperation with China\u2019s UEG?","rel":"","context":"In "Also on our Radar"","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\/2024\/7\/815.jpg?fit=%2C&ssl=1&resize=350%2C200","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":683100,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/683100","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=683100"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/683100\/revisions"}],"predecessor-version":[{"id":683146,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/683100\/revisions\/683146"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/683095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/683101"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=683100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=683100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=683100"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=683100"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=683100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}