ANNOUNCED AS TEMPORARYNo
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.
⚑ Please report this page in case you detect an inaccuracy in its content.