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Turkey extends temporary safeguard measure on wire rod imports for three years

Monday, 01 July 2024 11:21:01 (GMT+3)   |   Istanbul
       

Turkey, having announced a temporary safeguard protection measure on alloyed and non-alloyed wire rod imports at the beginning of this year, has decided to extend the measure for another three years.

As a result of minor changes made in the decision, wire rod importers will be subject to a tax liability of $175/mt during June 15, 2024-January 6, 2025; $170/mt during January 7, 2025-January 6, 2026 and $165/mt between January 7, 2026 and January 6, 2027. 

Also, products originating from 113 countries and customs territories, including Afghanistan, Argentina, the Philippines and Belarus, will be exempt from the safeguard measure and be subjected to quotas. In this context, a quota of 33,898 mt will be applied in the first period of the measure and 67,796 mt in the second and third periods. However, the quota given for each country or customs territory will not exceed 11,299 mt in the first period and 22,599 mt in the second and third periods.

The products subject to the investigation fall under Customs Tariff Statistics Position Numbers 7213.10.00.00.00, 7213.91.10.00.00, 7213.91.20.00.00, 7213.91.41.00.11, 7213.91.41.00.12, 7213.91.41.00.13, 7213.91.41.00.19, 7213.91.49.00.11, 7213.91.49.00.12, 7213.91.49.00.13, 7213.91.49.00.19, 7213.91.70.10.11, 7213.91.70.10.12, 7213.91.70.10.13, 7213.91.70.10.19, 7213.91.70.90.00, 7213.91.90.00.00, 7213.99.10.00.11, 7213.99.10.00.13, 7213.99.90.10.11, 7213.99.90.10.13, 7213.99.90.10.19, 7213.99.90.90.00, 7227.10.00.00.00, 7227.20.00.00.00, 7227.90.10.00.00, 7227.90.50.00.00, and 7227.90.95.00.00. 

 


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