The ruling follows a complaint filed by the European Steel Association (EUROFER) regarding hot-rolled flat steel imports from these countries.
The European Commission recently announced that it will apply a 15.6% tariff on flat steel imports from Egypt, Japan, and Vietnam, starting April 7, 2025. The final decision on the matter is expected to be made by October.
The ruling follows a complaint filed by the European Steel Association (EUROFER) regarding hot-rolled flat steel imports from these countries.
Ezz Steel, one of Egypt's top steel producers, is set to challenge the European Commission's decision to impose a temporary anti-dumping duty on its steel exports, and is preparing to submit an official objection in the coming days, sources revealed to media.
Being the sole Egyptian exporter of such products to the European Union, Ezz Steel has directly felt the impact of the commission’s decision, and plans to formally contest the duties, which could potentially harm its business and Egypt’s broader steel sector.
Ezz Steel was notified back in August 2024 that it was part of an anti-dumping investigation into imports of hot-rolled flat steel originating from Egypt, India, Japan, and Vietnam.
The company, which considers the EU a significant market for its flat steel exports, pledged full cooperation with the investigation at the time.
Tarek El-Gioushy, a member of the Chamber of Metallurgical Industries, recently told Asharq Business that the Egyptian Ministry of Investment and Foreign Trade is planning a meeting with EU representatives to discuss the decision.
The meeting will aim to review the imposition of these duties and examine their effect on Egypt's steel exports.