A study from the European Union proves that Turkish iron isn’t flooding the Egyptian Market

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Thursday - 26 December 2013 - 1:26 PM

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The European Union conducted a study on the Egyptian market and proved that there is no dumping of

 

imported iron especially the Turkish one.

 

He stressed that all this talk about dumping is a personal interests where the fact is the Egyptian import

 

from the Turkish Iron does not represent 1% of the domestic production.

 

The Chairman of the Division said that the price per ton of iron declined at 700 pounds After canceling

 

the study of charging a fees for enforcing a protection on imported iron. Pointing out that Charging that

 

fees will reach the price per ton to 10,000pounds, especially if the construction and building movement

 

rebounded.