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Argentina imposes import duties on Asian stainless steel flat products

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Reportedly, Argentinian government has initiated to impose the import duties on stainless steel flat products by US$3~US$4/kg from twelve Asian countries such as China, Hong Kong, Taiwan, Thailand, Vietnam, Philippines, India, South Korea, Indonesia, Malaysia, Pakistan and Singapore.

The official publication in detail has been announced by Argentinian government on May 11st.

The latest import duties are adopted to counter tax evasion and under-invoicing situation.

According to government report, the measure imposed the import duties by US$3/kg on stainless steel flat cold rolled products focuses on the products with thickness 0.5~4.75mm and width 600mm above.

Also, the stainless steel flat hot rolled products with thickness 3~10mm and width 600mm above are levied around US$4/kg.
News Date 16 May 2012 11:26:44 reported by Vince

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