Help Desk -
9717405332, 9599714297, 9810335381

Iranian government reduces import duties on steel

Steel News - Published on Wed, 06 Dec 2017

Image Source:
Iranian government has decreased the import duties on some steel products with immediate effect. For semi-finished steel the duty was reduced from 15% to 5%, while most hot rolled strips saw duties reduced from 20% to 15%. For HRC below 3 mm thick, the duty was halved from 20% to 10%.

Iran's steel imports were slow now as a result of the high duties and the weaker currency in the last two months.

Producers are not happy with the reduction in import duties.

Source :

Posted By : Ratan Singh on Wed, 06 Dec 2017
Related News from Steel segment