Turkey imposes duties on Russian steel to protect local production — Media

Turkey imposes duties on imports of Russian steel to protect local producers from dumping. The duties will range from 6% to 9% and will be valid for 5 years.

Oct 14, 2024 - 10:52
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Turkey imposes duties on Russian steel to protect local production — Media
Photo taken from public sources

Turkey has announced the introduction of duties on steel products from Russia to protect local producers from dumping. The volume of Russian steel supplies to Turkey last year amounted to about $3.1 billion. The new steel tax will range from 6% to 9% and will be in effect for 5 years. Similar measures have also been introduced for India and Japan.

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