Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Ukraine has imposed special trade custom duties of 16.08pc on rebar originating from Belarus that is imported into the country. The fee will come into effect in the first week of December. 

 

The duty has been imposed on rebar up to 40mm in diameter of carbon and alloyed steel and was levied in retaliation to Belarus’ discriminatory policies against Ukrainian exporters, according to the country’s Interdepartmental Commission on International Trade. Specifically, Ukraine noted that the Republic of Belarus placed an export ban or restriction on the supply of waste and scrap of ferrous materials including those from Ukraine. 

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