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Egypt imposes temporary duties of 15% on iron billets, 25% on steel rebar

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Egypt imposes temporary duties of 15% on iron billets, 25% on steel rebar

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iron billets

Egypt has imposed temporary import fees of 15 per cent on iron billets and 25 per cent on steel rebar from Monday, the finance ministry said.

The ministry said the import fees aim to protect national industry against “unfair competition”.

(Reuters/NAN)

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