Egypt Terminates Protective Measure Against Imported Threaded Steel

On November 21, 2013, Egypt terminated the protective measure against imported threaded steel due to the insufficient evidence of material injury to the local industry caused by the import of products involved during the investigation period and the lack of evidence of threats resulted from the imported products.

On November 28, 2012, Egypt launched an investigation of protective measures on imported threaded steel and made the preliminary determination on the same day to levy 6.8% of protective tax on products involved (no lower than EGP299 per ton), which last for 200 days.