10,743.20 TRY BIST 100 BIST 100
5.67 CNY CNY CNY
46.32 EUR EUR EUR
40.59 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
40.29 TRY Interest Interest
71.84 USD Fossil Oil Fossil Oil
47.99 USD Silver Silver
4.42 USD Copper Copper
99.86 USD Iron Ore Iron Ore
332.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,309.48 TRY Gold (gr) Gold (gr)

Import taxes on various steel products determined by Türkiye

Turkish Customs Tax and Additional Customs Tax rates for imports of steel products effective as of January 1, 2024. To support domestic production, the decision was enforced after being published in the Official Gazette.

Import taxes on various steel products determined by Türkiye

The changes to the Turkish Tariff Schedule Divided into Statistical Positions, which will enter into force with the Presidential decrees, were published in the repeated issue of the Official Gazette. The import regime and additional customs taxes were shaped by Türkiye's decisions within the framework of international agreements and trade regulations.

Decisions were designed to support domestic production, taking into account the obligations of the World Trade Organization, the Customs Union Decision with the European Union and free trade agreements. The "Decision Amending the Decision on the Implementation of Additional Customs Duty on Imports" was published in the Official Gazette.

According to the decision, important changes were made in various steel products:

  • Customs tax on hot rolled and drawn alloy bars was raised from 10% to 35%. An additional customs duty of 25% was added on forged alloy bars only
  • An Additional Customs Duty of 20% was implemented on alloy galvanized coils (width >= 600 mm). The Additional Customs Tax on a specific product group was increased from 6% to 15%.
  • The Additional Customs Tax on hot rolled coils (C >= 0.6%, width >= 600 mm and C < 0.6%, width >= 600 mm) was increased from 11% to 15%.
  • An Additional Customs Tax of 17% was imposed on cold rolled coils (C >= 0.6%, width >= 600 mm and C < 0.6%, width >= 600 mm).
  • Customs Tax or Additional Customs Tax was increased from 8% to 12% on stainless cold rolled sheets.
  • An Additional Customs Tax of 20% was imposed on all coated coil products on which no customs taxes are imposed, such as PPGI, galvanized coil and tinplate.
  • An additional customs tax of 17% was assessed on uncoated cold-rolled coil products on which no customs taxes are implemented.
  • An Additional Customs Tax of 20% was placed on imports of other coated coil products.

These tariff increases will be applied to a total of 4,222 different industrial products, especially iron and steel products. These changes to Türkiye's import policies have been aimed at promoting domestic production and maintaining economic balance.

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

Which Countries Did Trump Impose Tariffs On, and How Much?

Friday, August 1, 2025

İSO Chairman Bahçıvan: “Alarm Bells Are Ringing in Industry, the Situation Is Very Serious”

Friday, August 1, 2025

DP World signs $800 million, 30-year deal to develop Tartus Port

Friday, August 1, 2025

Merz: EU to discuss steel export quotas with US

Friday, August 1, 2025

Canada's response to US tariffs: “We will diversify our exports and turn to our own resources”

Friday, August 1, 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