IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: No inception date

Import tariff

On 29 March 2013, the Ministry of Commerce proposed a 5 per cent duty on DRI imports.


The National Tariff Commission reviewed a demand from the operator of the Direct Reduced Iron (DRI) plant, who asked for the imposition of a 10% customs duty. As a direct reaction, the domestic steel melters association opposed the demand and voted for an absence of customs duties on DRI.

The proposed 5 per cent duty by the Ministry of Commerce thus constitutes a compromise.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

411 Basic iron & steel
7203 Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99.94 %, in lumps, pellets or similar forms.
720310 Ferrous products obtained by direct reduction of iron ore
720390 Other

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