Customs duty changes on iron and steel reduce import tariffs, exempt melting scrap for melting units, and alter CVD treatment. Customs duties on certain iron and steel imports have been amended: reduced duties on non alloy steel (excluding seconds and defectives), exemption for melting scrap of iron and steel (excluding stainless or heat resisting varieties) when imported for melting units, and reduced duty on ships for breaking up with withdrawal of the previous CVD exemption so that applicable additional duty is now payable on such ships.
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Customs duty changes on iron and steel reduce import tariffs, exempt melting scrap for melting units, and alter CVD treatment.
Customs duties on certain iron and steel imports have been amended: reduced duties on non alloy steel (excluding seconds and defectives), exemption for melting scrap of iron and steel (excluding stainless or heat resisting varieties) when imported for melting units, and reduced duty on ships for breaking up with withdrawal of the previous CVD exemption so that applicable additional duty is now payable on such ships.
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