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Egypt maintains export duty on stainless steel scrap for another year-Stainless Steel Exhibition -The 26th China(Guangzhou)International Stainless Steel Industry Exhibition 12/25/2025 不銹鋼展-Stainless Steel exhibition |
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Egypt''s Ministry of investment and Foreign Trade has decided to continue implementing an export duty on scrapand waste of stainless steel alloys classified under customs tarif heading 7204.21, according to a statementreleased by the Egyptian Customs Authority.
Exemptions for free zone investment projects
Under the decision, an export duty is imposed onexports of stainless steel alloy scrap and waste at EGP9.000/mt($189.47/mt). The measure will be effective forone year, starting from the day following the end of thevalidity period of the previous ministerial decision.
The ministry stated that the duty does not apply toshipments that are destined for investment projects infree zones inside Egypt, limited to quantities approvedby the competent authority responsible for investment and free zones.
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