INVESTIGATION PROGRESS

Date Status
28 Nov 2012 Initiation

IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 02 Dec 2012 | Removal date: open ended

Safeguard

On 5 December 2012, Egypt has notified the WTO of the imposition of provisional tariffs on steel rebar (HS 7213 and 7214) under the Agreement on Safeguards.
While imports of steel rebar had dropped by 51 per cent in 2010/2011 when compared to the previous year, in 2011/2012 imports soared again by 85 per cent. This has pushed domestic producers into losses, which was used by the Egyptian government as the justification for the safeguard measure.
The additional duty will consist of 6.8 per cent of the CIF value with a minimum of LE (Egyptian Lira) 299/ton. The duty will be applied for 200 days starting from December 2, 2012.
The investigation was initiated on 28 November 2012, following a petition filed by the Chamber of Metallurgical Industries.

AFFECTED COUNTRIES

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AFFECTED SECTORS AND PRODUCTS

412 Products of iron or steel
7213 Bars and rods, hotrolled, in irregularly wound coils, of iron or nonalloy steel.
721310 Containing indentations, ribs, grooves or other deformations produced during the rolling process
721320 Other, of freecutting steel
7214 Other bars and rods of iron or nonalloy steel, not further worked than forged, hotrolled, hotdrawn or hotextruded, but including those twisted after rolling.
721420 Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling

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