• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

Ethiopian government to put bans on imported billet

  • A
  • A
  • A
It’s reported that Ethiopian Ministry of Finance and Economic Development decided to put ban on imported billets in two week ago and it will assign a state-run enterprise to import the billet and supply them to the local rolling mills.

At present, eight steel rolling mills in Ethiopia imported billets from the overseas market.

Mr. Sufian Ahmed, the Minister of Finance told the representatives of the Building Materials Supply Enterprise that the ministry would soon prohibit the billet imports and the company will take the responsibility to import and distribute billet.

It’s known that Building Materials Supply Enterprise will hold a tenders in the coming few weeks to invite the international companies to supply to billet for Ethiopia.

In the background, Ethiopian monthly consumption of billet is around 25,000 tons. Building Materials Supply Enterprise will ask bidders supply 75,000 tons of billets for three months usages.
News Date 24 Aug 2011 16:16:48 reported by Ellen Huang

Philippine to keep a ban on open pit mining ...
Government policies
24 Nov 2017 08:46
Mexico turns down AD appeal on China's coated flat...
Government policies
23 Nov 2017 11:41
US announces AD duties on imports of carbon & allo...
Government policies
22 Nov 2017 10:45
Australia launches anti-circumvention investigatio...
Government policies
21 Nov 2017 11:52
USITC continues investigations on imports of forge...
Government policies
21 Nov 2017 10:51
Most Popular