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Thursday, 25 July 2019

Egypt’s administrative court turns down pending appeals to bring back iron tariffs

The administrative court has rejected all pending appeals to bring back a 15% import duty on iron billets, reports Masrawy. Eight appeals had been lodged by the State Lawsuits Authority on behalf of the ministry and 16 by Beshay Steel and Delta Steel, after twenty-one iron factories won a case at the court reversing the ministry’s decision to impose the duties. The authority, as well as the two companies who stand to lose if the tariffs are not reintroduced, also took their plea to the Supreme Administrative Court — which is scheduled to look into them on 4 August.

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