Morocco investigates extension of safeguard measures on HRC imports
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Update time : 2023-01-31 19:46:19
Morocco's Ministry of Industry and Trade announced that it has launched an investigation into the extension of safeguard measures on hot-rolled coil (HRC) imports, at the request of the domestic flat steel manufacturer Maghreb Steel.
A 25% tariff is imposed on HRC for a period of three years until June 18, 2023. The additional tariff was reduced by 1% per year during the period of the duty imposition.
Tariff codes of products to which safeguard measures are applied are 72.08, 72.11.13, 72.11.14, 72.11.19, 72.25.30, 72.25.40, 72.26.20.00.11, 72.26.20.00.20, 72.26.20.00.51, 72.26.20.00.52, 72.26.20.00.59, 72.26.91, and 72.26.99.80.00.