Morocco's Ministry of Industry and Trade has decided to extend the measures for imports of rebar and wire rod until October 15, 2023. The import quota for rebar is set at 123,938 tonnes for the period between January 1, 2022 and December 31,2022, while it stands at 129,825 tonnes for the period between January 1,2023 and October 15, 2023. Meanwhile, the import quota for wire rod remains at 146,410 tonnes, unchanged since 2018, as the current quota level represents 77 percent of consumption and a gradual increase of quota volume would cancel the expected effect of the measure.The measure will not be applied to the imports of the given products from developing countries which are members of the WTO.The investigation was initiated on August 17, 2021 and closed on December 15, 2021.The products subject to the safeguard measure currently fall under Customs Tariff Statistics Position Numbers 7213.91.90.00, 7214.20.90.00 and 7214.99.91.00.
Morocco's Ministry of Industry and Trade has decided to extend the measures for imports of rebar and wire rod until October 15, 2023. The import quota for rebar is set at 123,938 tonnes for the period between January 1, 2022 and December 31,2022, while it stands at 129,825 tonnes for the period between January 1,2023 and October 15, 2023. Meanwhile, the import quota for wire rod remains at 146,410 tonnes, unchanged since 2018, as the current quota level represents 77 percent of consumption and a gradual increase of quota volume would cancel the expected effect of the measure.The measure will not be applied to the imports of the given products from developing countries which are members of the WTO.The investigation was initiated on August 17, 2021 and closed on December 15, 2021.The products subject to the safeguard measure currently fall under Customs Tariff Statistics Position Numbers 7213.91.90.00, 7214.20.90.00 and 7214.99.91.00.