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Egypt has set final duty rates on imports of billets

Egypt has set final duty rates on imports of billets

The Egyptian Ministry of Foreign Trade has announced the final duty rates for imports of semi-finished products from all countries of origin.

Accordingly, from April 2 until September 13, imports of semi-finished products into Egypt will be subject to a duty of 13 percent of the CIF import value, a minimum of US$70 per tonne. As previously reported by SteelOrbis, duties will be reduced over the next two years at a rate of 12 percent of CIF import value, with a minimum of $64/t, for the period from September 14, 2026 to September 13, 2027, and at a rate of 11 percent of CIF import value, with a minimum of $59/t, for the period thereafter.

In the meantime, quarterly reviews will be conducted to assess the impact of the protective measure on the market, according to local media.

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