10,438.33 TRY BIST 100 BIST 100
36.57 USD USD USD
5.08 CNY CNY CNY
39.85 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
37.15 TRY Interest Interest
69.86 USD Fossil Oil Fossil Oil
32.80 USD Silver Silver
4.80 USD Copper Copper
100.14 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,435.05 TRY Gold (gr) Gold (gr)

Republic of Türkiye Ministry of Trade launches safeguard investigation against imports of 'wire rod'

Republic of Türkiye Ministry of Trade opened an investigation to investigate whether imports of wire rod, which is used in the manufacture of various products from bolts to nuts, wires to nails, harm domestic production. Within the scope of the investigation...

Republic of Türkiye Ministry of Trade launches safeguard investigation against imports of 'wire rod'

The Communiqué on Import Safeguard Measures prepared by the Ministry entered into force after being published in the Official Gazette.

Accordingly, in the preliminary examination carried out based on the application made by domestic producers, it was determined that the imports of wire rod have recently increased in relative and absolute terms and that there has been deterioration in some economic indicators of the domestic production branch.

The Import Safeguard Measures Evaluation Board decided to open a safeguard investigation in order to examine whether this increase in imports poses a serious damage or threat to the domestic production line.

Within the scope of the investigation, the effects of imports of wire rod, which is used in the manufacture of various products from bolts to nuts, wire, nails and electrodes, will be investigated.

The investigation conducted by the General Directorate of Imports will be completed within 9 months. If necessary, the period can be extended by 6 months.

Official Gazette Decision: https://www.resmigazete.gov.tr/eskiler/2023/11/20231103-13.htm

The GTIPs announced within the scope of the investigation were listed as follows;

721310000000, 721320000011, 721320000012, 721320000013, 721320000019, 721391100000, 721391200000, 721391410011, 721391410012, 721391410013, 721391410019, 721391490011, 721391490012, 721391490013, 721391490019, 721391701011, 721391701012, 721391701013, 721391701019, 721391709000, 721391900000, 721399100011, 721399100013, 721399100019, 721399901011, 721399901019, 721399909000, 722710000000, 722720000000, 722790100000, 722790500000, 722790950000

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

Iranian iron ore prices under pressure amid rising production costs

Wednesday, March 12, 2025

Kocaer Çelik closed 2024 with a net profit of TRY 83.1 million

Wednesday, March 12, 2025

Türkiye's HRC exports increased by 12.1% in January

Wednesday, March 12, 2025

Türkiye's current account deficit exceeded expectations in January

Wednesday, March 12, 2025

Trump halts tariff hike on Canada

Wednesday, March 12, 2025
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