Morocco has introduced new tariffs on some steel imports from Egypt after saying they were being sold at unfairly low prices and hurting local manufacturers. The new anti-dumping duties took effect on July 3 after the government concluded a nearly 18-month investigation into imports of cold-rolled steel sheets.
Under the new rules, the Kandil Steel Group will pay a duty of 60.4%, while all other Egyptian producers and exporters covered by the decision will face a tariff of 84.39%.
The measure was approved under Joint Decree No. 1165.26, signed by the Minister of Industry and Commerce and the Minister of Economy and Finance on June 8. It was published in the Official Gazette No. 7522 on July 2.
The tariffs apply to uncoated cold-rolled steel sheets, whether in coils or cut to size. Imports with invoices approved by Egypt’s government authority responsible for industry are exempt.
Morocco opened its investigation in October 2024 and completed it in April 2026.
Officials examined import data from July 2023 to June 2024 and reviewed the financial performance of Moroccan steel companies between January 2021 and June 2024.
The investigation found that imports from Egypt had increased sharply and were being sold below fair market prices. According to the government, this reduced the market share of Moroccan steel producers and damaged their production and profits.
Authorities said Egyptian companies benefited from high stock levels and excess production capacity, allowing them to sell steel at prices that local manufacturers could not match.
The lower tariff applies only to the Kandil Steel Group, which includes Kandil Steel, El Obour for Metallurgical Industries, also known as Galva Metal, and Kama for Coating and Manufacturing. All other Egyptian exporters covered by the measure will pay the higher rate.
The duties will remain in place for five years, until July 2031, under Moroccan Customs Circular No. 6753/211.
The decision comes weeks after Morocco told the World Trade Organization it was extending its 19% safeguard duty on hot rolled steel for another three years.
Morocco is not the only country taking action against Egyptian steel. The European Union has imposed anti-dumping duties on Egyptian hot-rolled steel, while the United States continues to conduct trade investigations into Egyptian reinforcing steel.
Morocco imports around $2.51bn worth of iron and steel each year. Cold-rolled steel sheets accounted for about $16m of trade with Egypt during the investigation period.
