Colombia imposes import tax on rebar, wire rod from WTO members

The Colombian trade, industry and tourism ministry has imposed provisional safeguarding duties on imports of rebar and wire rod from members of the World Trade Organization (WTO).

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

All imports of rebar will be subject to a tariff of 25.6%, except for products exported by Cuba, Ecuador and Venezuela, the ministry said in a resolution in the country’s official gazette on October 9, which was published on Friday October 11.

Rebar imports from the USA were also excluded due to a free trade agreement (FTA) in force between both countries.

Wire rod products imported from WTO members will be charged a 21.96% tax, except for goods shipped by Venezuela.

Meanwhile, imports of drawing wire rod will pay a duty of 21.29%, excluding products exported by Argentina, Chile and Ecuador.

Drawing wire rod imports from the USA and Canada will not be subject to the tariff because of existing FTAs.

The provisional safeguarding measures will be valid for 200 days from October 8, according to the ministry.

Colombia opened its case on drawing wire rod in July, following a request by domestic producer Acerías Paz del Río (APDR).

The probe on both rebar and wire rod, following a request by APDR and Gerdau Diaco, was initiated in August. 

The ministry said its safeguarding investigations will continue, but it did not give an estimate of when it would be concluded.

What to read next
Fastmarkets has corrected its MB-BMS-0015 Black mass, NCM/NCA, payable indicator, nickel, exw USA, % payable LME Nickel cash official price, which was published incorrectly on Wednesday, July 16.
The publication of Fastmarkets’ assessments for nickel 4x4 cathode, nickel briquette and nickel uncut cathode premiums in-whs Rotterdam was delayed on Tuesday July 16 because of a reporter error.
Fastmarkets has corrected its alumina index inferred prices, which were published incorrectly on Tuesday July 15.
The United States' copper recycling industry is ramping up pressure on policymakers to impose some form of export controls on high-purity copper scrap, arguing that current trade dynamics – particularly with China – are distorting prices, weakening domestic capacity and undermining national security goals.
After a month-long consultation period, Fastmarkets is amending the below specifications, following no negative feedback from market participants and internal data analysis. The following changes will take place: The new specifications are as follows, with amendments in italics: MB-CU-0002 Copper grade 1 cathode premium, ddp Midwest US, US cents/lb Quality: Grade A 99.9935% min copper cathode conforming to LME […]
The publication of the affected prices was delayed for 50 minutes. The following indices were published late: MB-MNO-0001 Manganese ore high grade index, cif Tianjin, $ per dmtu MB-MNO-0002 Manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, $/dmtu MB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $/dmtu These prices are a part of the […]