10,871.08 TRY BIST 100 BIST 100
5.94 CNY CNY CNY
48.75 EUR EUR EUR
41.97 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
550.00 TRY Interest Interest
64.62 USD Fossil Oil Fossil Oil
64.46 USD Silver Silver
5.17 USD Copper Copper
107.59 USD Iron Ore Iron Ore
344.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,334.68 TRY Gold (gr) Gold (gr)

Syria has updated its customs duties on iron and steel products

The Syrian Arab Republic has made a limited update to its customs duties on the general product list. Iron and steel products are included in the list.

Syria has updated its customs duties on iron and steel products

According to information obtained from the Türkiye Exporters Assembly (TİM), the customs duty rates applied to iron and steel products have been revised in the new customs duty list published by Syria. As part of the update, changes have been made to the customs duty rates applied to the HS (Harmonized System) codes of certain products.

Under the new regulations, customs duties determined according to product groups are as follows:

  • Scrap (HS 7204): 7 USD

  • Billet/Blum (HS 7207): 7 USD

  • Wire rod (HS 7213): 73 USD

  • Profile/Angle: 53 to 153 USD depending on the HS code

  • Hot-Rolled Flat Products (HRC – GTIP 7208): 27 USD

  • Cold-Rolled Flat Products (CRC – GTIP 7209): 27 USD

  • Iron Ore (GTIP 2601, 2603): 7 USD

  • Pig Iron (GTIP 7201): 7 USD

  • DRI / Sponge Iron (GTIP 7203): 7 USD

  • Rebar (HS Code 7214): 100 USD

  • Ferroalloys (HS Code 7202): 7 USD

  • Welded Pipe (HS Code 7305, 7306): 153 USD

  • Seamless Pipe (GTIP 7304): 153 USD

TİM announced that exporting companies should pay attention to the updated GTIP list when conducting transactions in the Syrian market. The statement noted that GTIP items subject to tax changes were marked in red and that the original Arabic version of the list was obtained from the Damascus Trade Office.

The updated tax rates are expected to affect costs and competitive conditions in exports to the Syrian market.

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

Oman and Meranti strengthen cooperation on green iron project in Duqm

Friday, October 31, 2025

The Customs Authority and Qatar Steel signed a Memorandum of Understanding to regulate the export of scrap iron

Friday, October 31, 2025

UK steelmakers face two-year delay to GBP 14.5 million energy savings

Friday, October 31, 2025

Fresnillo to acquire Canada-based Probe Gold for USD 560 million

Friday, October 31, 2025

Acerinox reports a profit of EUR 25 million and cash generation of EUR 152 million in the third quarter

Friday, October 31, 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