Egypt Imposes Tariffs on Chinese, Turkish and Ukrainian Steel
Egypt has imposed temporary import tariffs on steel from China, Turkey and Ukraine, the trade ministry said in a statement on Tuesday.
The tariff will be set at 17 percent for Chinese steel, 10-19 percent for Turkish steel, and 15-27 percent for Ukrainian steel, it said.
"The decision comes following a thorough study...and is intended to protect local manufacturing from harmful practices by imported alternatives," Trade Minister Tarek Kabil said in the statement.
(Reporting by Eric Knecht and Arwa Gaballa)
