Morocco’s Ministry of Industry and Trade has announced the results of the investigation for the extension of safeguard measures on imports of hot rolled sheet. The ministry has decided to extend the measures for imports of the product for another three years, entering into force on June 19, 2023, until June 18, 2026.
According to the conclusion of the investigation initiated on January 26, 2023, and closed on May 26, 2023, the ministry found that the safeguard measure continues to be necessary to prevent serious damage to the domestic industry.
The safeguard measure consists of an additional ad valorem safeguard duty of 23 percent and it will be reduced by one point every year during the implementation period.
The measure will not be applied to the imports of the given products from developing countries which are members of the WTO.
The products subject to the safeguard measure currently fall under Customs Tariff Statistics Position Numbers 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.