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Dominican Republic to rule on Turkish steel import duties by September

Thursday, 30 June 2016 00:06:17 (GMT+3)   |   Sao Paulo
       
Dominican Republic’s commission of trade defense, CDC, expects to decide in September this year whether it will remove AD duties over the Turkish imports of steel rods and bars.

According to CDC, existing duties over the Turkish product applied under the CDC-RD-AD-107-2011 resolution will continue valid until a final decision on the matter is made.

CDC held a public hearing on June 17, 2016, so all the parties involved in the case could present their arguments as well as relevant information for the investigation.

CDC applied a 14 percent ad-valorem duty over the imports of the product for ex-mill orders, in addition to a 20 percent most-favored-nation (MFN) duty.

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