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Egypt : Steel tariffs continue at 25% and 16% for billet in light of the coronavirus crisis

Egyptian Minister of Industry and Trade Neven Jameh decided to extend the current duties imposed on Egypt’srebar and billet import tariffs , and postpone their reduction for 6 months until October 11, when it was scheduled to decrease from 16% for billet starting from April 12, 2020 to 13 %, But the reduction was postponed to next October, as well as for rebar , which has a fee of 25%, and was scheduled to reduce it to 21% as of April 12.

The decision aims to protect the national industry in light of the Coronavirus crisis, and to limit harmful practices on the local product.

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

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28 Board of Directors

17 Country

300.000 Employees

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