8,643.88 TRY BIST 100 BIST 100
4.87 CNY CNY CNY
34.34 USD USD USD
37.42 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.07 TRY Interest Interest
75.11 USD Fossil Oil Fossil Oil
32.50 USD Silver Silver
4.45 USD Copper Copper
102.15 USD Iron Ore Iron Ore
374.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,026.19 TRY Gold (gr) Gold (gr)

Decision to postpone customs duty on iron and steel products

It was announced that the effective date of the customs duty to be applied to iron and steel products was postponed to the beginning of April.

Decision to postpone customs duty on iron and steel products

The implementation of the customs duty on flat rolled products made of alloyed or non-alloyed iron and steel, which was regulated by the President's decision published on January 28, and which was expected to come into effect on February 28, was postponed to April 1.

According to the President's decision published in the Official Gazette dated February 26, the effective date of customs duties on flat rolled products made of alloyed or non-alloyed iron and steel was changed to the 1st of April.

Within the scope of the Presidency's import regime decision dated January 28, customs duties on flat rolled products made of alloyed or unalloyed iron and steel between the customs tariff statistical positions (GTİP) no. rates ranging from 0 percent to 20 percent. It was aimed that the customs tax rates regulated by the decision would enter into force on the 30th day following the publication of the decision.

In the footnotes of the aforementioned decision, it was decided that these customs duties would be temporarily applied as 13 percent and 15 percent for some production facilities and be subject to end-use provisions.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

China's steel demand expected to increase: PMI data support production

Tuesday, November 5, 2024

Malaysia initiates review of anti-dumping duties on stainless steel imports

Tuesday, November 5, 2024

China’s stainless steel exports increased by 33,7% in September

Tuesday, November 5, 2024

Kazakhstan government extends ban on scrap exports

Tuesday, November 5, 2024

Thyssenkrupp Steel Europe plans to renovate Duisburg plant

Tuesday, November 5, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now