Posted on 04 Jan 2024
In order to support the domestic industry, Turkey set new import tariffs on various steel products, effective on January 1, 2024.
The changed import tariffs would apply to a total of more than 4,000 products, especially iron and steel products.
Among them, alloyed galvanized sheets with a width of 600mm would be imposed an additional customs duty of 20%. Hot-rolled sheets with a width of 600mm would face a tariff duty increased to 15% from the previous 11%. 600mm cold-rolled sheet would be imposed at a rate of 17%.
Besides, the tariff duty on stainless steel cold-rolled sheets was increased to 12% from 8%.
Source:Yieh