Saudi to impose WTO-allowable maximum tariffs on imported iron and steel

Saudi Arabia plans to raise tariffs on imported steel products to the maximum bound tariff rates allowed by WTO.Asian Metal CopyrightSaudi Arabia plans to raise tariffs on imported steel products to the maximum bound tariff rates allowed by WTO.Asian Metal Copyright From 10 June on, the country will increase the imported tariff for square billets from 5% to 10%, that for hot-rolled products from 5% to 5-10% based on types, that for coating steel products from 5% to 12-15%, that for wire from 10% to 20% and that for rebar from 10% to 15%.Asian Metal Copyright .Asian Metal Copyright The complete list of products that are involved in this tariff adjustment is available at Customs of Saudi Arabia.
.Asian Metal Copyright From 10 June on, the country will increase the imported tariff for square billets from 5% to 10%, that for hot-rolled products from 5% to 5-10% based on types, that for coating steel products from 5% to 12-15%, that for wire from 10% to 20% and that for rebar from 10% to 15%Asian Metal Copyright