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: 28 Jul 2017 | Removal date: open ended
Still in force

Import tariff

The government of Turkey on 28 July 2017 via Decree 2017/10439, reduced the import duties applicable to reinforcing bars classified under HS Code 7214.20. 

EU Member Countries, EFTA-Member Countries as well as countries that Turkey has FTAs with, are being exempted from the import duties applicable to reinforcing bars. Nevertheless, for all other countries except South Korea, the new import tariffs on reinforcing bars amount to 10%. The new import tariff applicable to reinforcing bars originating from South Korea is set to 5.6%. The previous import tariffs relevant to reinforcing bars, as per the latest data provided by the WTO for 2015, were 15% on average.

 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

412 Products of iron or 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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