14,375.40 TRY BIST 100 BIST 100
6.61 CNY CNY CNY
52.55 EUR EUR EUR
44.93 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
39.88 TRY Interest Interest
98.48 USD Fossil Oil Fossil Oil
6.05 USD Copper Copper
113.27 USD Silver Silver
106.82 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,887.57 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

EU lowers anti-dumping duty on Egyptian hot-rolled steel to 11.7%

The European Commission has reduced the anti-dumping duty on hot-rolled steel imports from Egypt from 12.8% to 11.7% for a period of five years.

EU lowers anti-dumping duty on Egyptian hot-rolled steel to 11.7%

The European Commission announced that it has lowered the anti-dumping duty on hot-rolled steel products imported from Egypt from the previously set provisional rate of 12.8% to 11.7%. The new rate will apply for the next five years.

According to data shared by the Commission, between 741,000 and 906,000 tons of hot-rolled steel products were imported from Egypt into EU member states during the investigation period. This volume represents approximately 2.2% to 2.7% of the EU’s apparent steel consumption.

The investigation was initiated on August 8, 2024, following a complaint filed by the European Steel Association. A provisional duty was introduced in April 2025, and after further assessment, the rate was finalized and made permanent.

The duty will apply uniformly to all exporters, including Egypt’s largest steel producer, Ezz Steel.

Egypt opposed the imposed duties, arguing that its market share in the EU remains limited and its production capacity is constrained. However, the Commission concluded that even current import levels have a notable impact on the market and approved the final duty rate accordingly.

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

Decline in Japanese steel production continues

Friday, April 24, 2026

LKAB published first-quarter report for 2026

Friday, April 24, 2026

OYAK Pazarlama is restructuring within the scope of its 2030 vision

Saturday, April 25, 2026

Steel Dynamics increased its net income to $403 million in the first quarter of 2026

Wednesday, April 22, 2026

Türkiye’s welded pipe exports increased by 4.7% in February

Tuesday, April 21, 2026
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