A giant increase in Egyptian imports of Turkish steel products in 2014

ArabMetal – Egyptian imports of Turkish  finished steel products  rose by a large margin amounted to 76.33% in 2014, compared to the previous year.

According to the «Arab metals» database, Egyptian imports of Turkish finished steel products were 513,313 tons in 2014 compared to 291,112 tons in the year 2013.

Turkish long steel products, formed the largest amount in the Egyptian imports, which amounted to 479,007 tons compared to 267,000 tons, an increase of 79.4%.

The imports of HRC, ranked second in imports, amounted to 34,306 tons in 2014 compared to 24,112 tons in 2013, up by 34.31%.

Egyptian imports of Turkish pipes also rose in 2014 by 12.67% to 34.052 tons, compared to 30.222 in 2013.

Imports pushed the Egyptian steel manufacturers, to demand the imposition of dumping duties, and determine annual quota for the amount of steel products imports. These claims led to the imposition of dumping duties preventive, until Egyptian Ministry of Trade complete investigations into the dumping lawsuits.

Egyptian imports of Turkish steel products 2010 – 2014 (ton)