Iron and Steel

Iran to lower steel import duty to benefit downstream manufacturers

Iran to lower steel import duty to benefit downstream manufacturers
Mining News Agency - According to the Iranian government announced recently that it would cut certain of the steel import duties and immediately implement the future would have a certain impact on local steel manufacturers, but downstream manufacturing industry were expressed glad to see the result of the downward adjustment.
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Mining News -The Iranian government would cut some steel import duties, including steel slab and other semi-finished steel were from 15% to 5%; hot-rolled plate was from 20% to 15%; the thickness of less than 3mm of hot rolled plate was from 20% to 10%.


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