KARACHI: The Federal government has imposed regulatory duty on import of certain products of iron and steel in the range of 12.5 to 5 percent.

According to a notification, regulatory duty of 12.5 percent has been imposed on the import of Flat rolled products of iron or non alloy steel, of a width of 600 mm or more, hot rolled, not clad, plated or coated.

Tubes, pipes and hollow profiles of cast iron; tubes, pipes and hollow profiles, seamless of iron 9other than cast iron) of steel will also be subject to a regulatory import of duty of 12.5 percent.

Other tubes and pipes (for example, welded, riveted or similarly closed), having circular cross sections, the external diameter of which exceeds 406.4 mm, of iron or steel have also been imposed regulatory duty of 15 percent.

Moreover, other tubes, pipes and hollow profiles (for example, open seam or welded, riveted or similarly closed), of iron or steel will be subject to 12.5 percent regulatory duty.

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