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uae clamps down on steel dumping with 5 import duty hike

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FCA statistics cited by Wam 's report indicate that rebar and wire rod trade was valued at $299.5m (AED1.1bn) in the first nine months of 2018.UAE clamps down on steel dumping with 5% import duty hike The UAE increased import duties on rebar and wire rod from 5 per cent to 10 per cent,effective January 1,2019,a media report said.hotrolledsteel-coil·Feb 01,2019UAE clamps down on steel dumping with 5% import duty hikeUAE clamps down on steel dumping with 5% import duty hike The UAE has increased import duties on rebar and wire rod in a bid to curtail steel dumping in the local market.Import duties on both steel product types have increased from 5% to 10%,with the move taking effect on 1 January,2019.UAE clamps down on steel dumping with 5% import dutyJan 01,2019·The UAE has increased import duties on rebar and wire rod in a bid to curtail steel dumping in the local market.Import duties on both steel product types have increased from 5% to 10%,with the move taking effect on 1 January,2019.A report by the UAEs state news agency,Wam,stated that the anti-dumping move seeks to protect the domestic steel market,which features major playerstipped pcbn inserts in 80 degree diamond shape C for hard tipped pcbn inserts in 80 degree diamond shape C for hard turning ferrous metals of cast iron and hardened steel,the cbn insert cutting edges are made with polycrystalline cubic boron nitride,indexable inserts with cbn tips are precision cutting tools,which are used in cnc fine finish machining and turning roller,bearing,pumps,automobile brake disk,aircraft jet engine.

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