According to Al Arabiya Business review, The European Union has announced a reduction in provisional anti-dumping duties on Egyptian-origin hot-rolled flat steel products, lowering the rate from 15.6% to 12.8%. This decision comes after strong opposition led by Ezz Steel, Egypt’s sole producer in this segment. The Egyptian side argued that their exports represented only 1.3% of the open market and that the country's production capacity has remained unchanged for years, making the initial duty disproportionate.

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