10,055.98 TRY BIST 100 BIST 100
34.72 EUR EUR EUR
32.21 USD USD USD
4.48 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.87 TRY Interest Interest
83.49 USD Fossil Oil Fossil Oil
28.48 USD Silver Silver
4.80 USD Copper Copper
116.81 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,428.73 TRY Gold (gr) Gold (gr)

Tunisia imposes quota on imports of unalloyed steel wire

The Tunisian Ministry of Trade and Export Development announced that it decided to impose restrictions on the import of iron or non-alloy steel wire used in the production of furniture and springs.

Tunisia imposes quota on imports of unalloyed steel wire

T.C. Upon the notification of the General Directorate of Imports of the Ministry of Commerce, as a result of the application made by Tunisia to the World Trade Organization (WTO) Safeguards Committee, it was reported that protection measures have started to be implemented against the import of "iron or non-alloy steel wires used in furniture springs".

According to the notification published by the WTO on July 21, 2022, as a result of the examination carried out by Tunisia, negative effects such as a decrease in the sales of the domestic producer, an increase in losses and a decrease in employment were detected, therefore it was decided to take protective measures.

Safeguard measures will continue for three years, starting from November 28, 2023, and will be limited by quotas on imports. The determined quota amounts are as follows:

The above safeguard measure shall be implemented for three years from 28 November 2023; the quota quantity to be applied from 28 November 2023 to 30 November 2024 shall be 764 tons, the quota quantity to be applied in the period from 1 December 2024 to 30 November 2025 shall be 1,020 tons, and the quota quantity to be applied in the period from 1 December 2025 to 30 November 2026 shall be 1,274 tons.

The products that will be restricted are listed under the codes 72171050002 and 72171090100 in the Customs Tariff Statistics Position Table.

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

Taiwan's welded steel pipe exports fall in April

Tuesday, May 14, 2024

Scrap prices follow a fluctuating trend in China

Tuesday, May 14, 2024

U.S. hot-dip galvanized sheet exports surge in march

Tuesday, May 14, 2024

India's iron ore exports on the rise

Tuesday, May 14, 2024

Colombia begins anti-dumping investigation

Tuesday, May 14, 2024
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