NAM KIM STEEL GROUP

According to the report, European importers are currently handling customs clearance procedures for hot-dip galvanized products (HDG) classified as 4B under European safeguards, while they wait for questions. Tariffs become clearer. Last week, these products carried out the latest import quotas and achieved quotas within a day. Some market participants explained that raw materials have been completed customs procedures nearly 530,000 tons at European ports, this number is more than 200,000 tons available quotas. Therefore, estimated traders pay 6.25% tax rate for about 30-50 Euro / ton. In addition, the European Commission may require tax deferral ports, because they need to check whether all imported products meet 4B’s classification requirements. They can also solve the problem by increasing import quotas. If you want to import GOOD QUALITY Steel Coils and GI Pipe from Vietnam, please contact us at: – Email: datdq@namkimgroup.vn – Mobile/Whatsapp: +84 973 7...

Specifically, US Customs will start collecting taxes on steel imported from China and Mexico based on subsidies for producers. However, because subsidies in Canada are not significant, Washington does not impose taxes on steel products imported from the country. According to data from the US Department of Commerce, Mexico and China construction steel exporters have enjoyed subsidies ranging from 30.3% to 177.43%. Last March, the import of structural steel from China, Mexico and Canada is hurting US producers. The United States made the move after steel producers complained of subsidies in those countries and only two months after President Trump agreed to lift taxes on aluminum and steel products imported from Mexico. and Canada after three countries agreed to review the North American free trade agreement. Experts say that if the President’s policies are in accordance with the plan, the US steel industry will outperform other industries. However, the US should remem...

According to the report, the Indian Government has launched a steel import monitoring system (SIMS) to provide advanced information on steel imports for steel producers and importers to intervene more effectively. The Minister of Trade and Industry started the system developed in a discussion with the Ministry of Steel on the model of the US Steel Import Monitoring and Analysis System (SIMA). For all steel products designated to be imported, these products will need to be registered in advance on the SIMS web portal to provide information. In addition, importers will register no earlier than 60 days and no later than 15 days before the expected date of import goods. Registration will be valid for 75 days after the number is generated. The steel ministry will monitor imported steel products with the information provided. SIMS has required prior import to import the 284 steel tariff lines with 8-digit HS codes to get the registration number by paying registration fee...