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Egypt mulls anti dumping action against Turkish steel – 21 Jan 10

Reuters reported that Egypt is looking into possible anti dumping action against Turkish steel imports.

Mr Rachid Mohamed Rachid trade and industry minister of Egypt, when asked about the rise in Turkish imports and complaints from Egyptian producers that there is research taking place about dumping, said “We are looking at all legal procedures.”

An executive from Egypt's largest producer Ezz Steel said in November that local steel makers were seeking action against dumping because of surging imports.

Egypt, where the need for housing and government infrastructure spending has kept steel demand relatively resilient, has been a major regional market for Turkish steel.

Jan 21, 2010 08:05
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