【SMM Steel】Morocco to extend safeguard measure on hot rolled coil imports for three years
【SMM Steel】Morocco's Ministry of Industry and Trade has extended its safeguard measure on HRC imports for three additional years from June 19, 2026, following a sunset review. The additional duty will start at 19% and decrease by one percentage point annually until the measure expires on June 19, 2029. Turkey was not included on the exemption list for developing countries, while South Africa, Argentina, Indonesia, Malaysia, Pakistan, Tunisia, Uruguay, and Venezuela are exempt. Product codes covered include 72.08, 72.11.13, 72.11.14, 72.11.19, 72.25.30, 72.25.40, 72.26.20 series, 72.26.91, and 72.26.99.80.00.