11,335.05 TRY BIST 100 BIST 100
42.74 USD USD USD
6.10 CNY CNY CNY
50.13 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
37.90 TRY Interest Interest
59.70 USD Fossil Oil Fossil Oil
90.52 USD Silver Silver
5.48 USD Copper Copper
105.46 USD Iron Ore Iron Ore
349.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,943.49 TRY Gold (gr) Gold (gr)

New regulation on quota allocation in Italy

On April 1st, during the new quota period, Italy's Customs and Monopoly Authority implemented solutions that are currently under trial to allow more flexibility in steel imports.

New regulation on quota allocation in Italy

Previously, quotas were allocated to companies a few days after the import request was notified to customs and often the quota tonnage was exceeded, resulting in imports being subject to duties of up to 25%.

As many market players complained about this allocation of quota tonnage, the agency decided to test new procedures. Now, importers will be able to choose between two options once the quota tonnage has been set. They can either clear only part of the order through customs and store the rest at the port, or they can cancel their import requests.

These new procedures are intended to give companies more flexibility in importing steel. This step is seen as a solution for exceeding the quota tonnage and reducing the tax burden.

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 steel futures increased on speculative factors

Friday, December 19, 2025

ArcelorMittal Nippon Steel India aims to triple steel production capacity by 2030

Friday, December 19, 2025

Xuân Thiện Group partners with Primetals Technologies for two green steel production lines in Vietnam

Thursday, December 18, 2025

Shinagawa and Danieli form partnership for new mould flux plant

Thursday, December 18, 2025

Gradual decline in Türkiye's rebar and billet prices!

Thursday, December 18, 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