The Turkish authorities introduced quotas for the import of a number of metal products. If the quotas are exceeded, the rent will be taxed at a rate of 25%, Reuters reports citing government sources.Non-taxable quotas are 3.1 million tonnes for flat products, 0.56 million tonnes for long products, 0.27 million tonnes for pipes and hollow profiles, 0.14 million tonnes for stainless steel and 27,044 tonnes for rails . The quota for ferrous scrap is not.
As stated in the message, Russia is not included in the list of countries exempted from import tariffs by Turkey. Russian metallurgical companies do not expect serious problems with sales due to the introduction of duties in the presence of quotas.
The period of validity of the measures is 200 days.
The material is prepared according to minprom.ua (https://www.minprom.ua/news/247521.html)
