Loading…
Loading…
The definitive safeguard is issued under Egypt's Law No. 161 of 1998 (Anti-Dumping, Anti-Subsidy and Safeguard Law) following the Trade Remedies Sector's affirmative final determination of serious injury and causal link. The decree consolidates the outcome of two parallel WTO-notified investigations:
1. HRC investigation (launched April 2025): finalises the 200-day provisional safeguard of Ministerial Decision No. 400/2025 (effective 14 September 2025). Between 2021 and 2024, imports of hot-rolled flat steel increased by 116%.
2. CRC + HDG + PPGI investigation (launched September 2025): a separate proceeding covering cold-rolled, galvanized, and pre-painted flat steel whose provisional phase ran concurrently; imports of CRC/HDG/PPGI rose 86% over the same 2021–2024 baseline. Egypt simultaneously terminated the parallel anti-dumping probe on CRC/HDG/PPGI from China and Turkey (31 March 2026) without imposing AD duties — making the definitive safeguard the sole operative instrument for all flat products.
Rate structure (three-tier declining duty):
| Product | Year 1 (from 1 Apr 2026) | Year 2 (from ~14 Sep 2026) | Year 3 (from ~14 Sep 2027) |
|---|---|---|---|
| CRC | 13.7% / min USD 83/t | 13.0% / min USD 79/t | 12.5% / min USD 76/t |
| HDG/GI | 14.0% / min USD 93/t | 13.5% (approx.) | 13.0% (approx.) |
| PPGI | 14.5% | 14.0% | 13.5% |
| Billets | 13.12% / min USD 70/t | (declining) | (declining) |
HRC rates follow the structure confirmed in the final determination on the HRC investigation, building on the provisional 13.6%/EGP 3,673/t floor rate.
The measure applies on an MFN (most-favoured-nation), all-source basis consistent with WTO Safeguards Agreement Article 2. Dual-rate architecture (percentage ad-valorem + USD minimum specific floor) prevents CIF-value undervaluation circumvention.
Egypt's definitive safeguard sits within the broader 2024–2026 cycle of flat-steel trade remedies:
trilogy (HRC + CRC/HDG/PPGI + billets) in this cycle
Major exporter routes affected: Chinese, Turkish, CIS (Russian/Ukrainian), and Indian HRC/CRC exporters face effective cost uplift into Egypt, the MENA region's largest flat-steel import market (import volumes ~USD 500M+ annually pre-safeguard). Black Sea corridor re-routing and diversion pressures could follow.
automotive stamping, appliance manufacturers, construction) bear upstream cost-pass-through risk from the combined safeguard trilogy covering HRC, CRC, HDG, PPGI, and billets.
extension proceedings could extend protection through the mid-2030s.
legal architecture by consolidating into a single safeguard instrument — reducing exporter uncertainty while eliminating the risk of layered AD-plus-safeguard duties.
are also affected despite lower bilateral trade volumes.
definitive maintain this, adjust to a USD floor, or shift the percentage?).
measure under Article XIX:1(b) and trigger the consultation-request window?
it embedded in this definitive decree?