Latest News

Turkey imposes anti-dumping tasks on steel imports from China, Russia, India, Japan

Turkey has actually enforced antidumping responsibilities on some steel imports from China, Russia, India and Japan, according to a decision released in the Official Gazette on Friday, with the greatest tariffs on Chinese imports.

The responsibilities imposed will vary between 6.10% to 43.31% of cost, insurance coverage and freight (CIF) costs, the choice stated, in a relocation focused on preventing unfair competitors after appeals from domestic producers last year.

An investigation into hot rolled steel imports following the regional manufacturers' appeal revealed that the alleged disposing of steel from China, Russia, India and Japan threatened to damage domestic production, the decision released in the Official Gazette said.

Turkey's Authorities Gazette is a nationwide journal that releases new legislation and other announcements every day.

Duties imposed on imports from China variety from around 15%. to 43%, and tariffs imposed on imports from Russia, India and. Japan go from 6% to 9%, according to the decision.

Ankara's choice comes amidst increasing trade tensions between. China and the European Union over tariffs on electric vehicles,. brandy and other products, and follows China's problem to the. World Trade Organisation on import tasks troubled Chinese EVs. entering Turkey.

(source: Reuters)