Industry News

Colombia's steel industry urges tariffs up to 35% on imported steel

Views : 57
Update time : 2026-01-05 14:56:15
It is reported that about 105 business leaders of the Colombian steel sector are urging the government to raise tariffs to 35% on 14 types of steel in order to protect the country's steel production, formal employment, and the sustainability of an industry considered strategic for Colombia.

According to industry figures, domestic steel demand has fallen by 5.3% in 2025, affected by less housing constructions and the slow pace of civil works projects, factors that directly impact the country's steel consumption.

Daniel Rey, director of the country's Chamber of Steel Producers, highlighted the dialogue they have maintained with the government and agreed that there is a need to adopt measures to balance international trade.
Related News
Read More >>
South Africa’s coal exports rise on improved rail performance South Africa’s coal exports rise on improved rail performance
Jan .30.2026
South Africa’s coal exports rise on improved rail performance
Ukrainian industry to drive postwar recovery Ukrainian industry to drive postwar recovery
Jan .30.2026
Ukrainian industry to drive postwar recovery
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Jan .30.2026
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar
Jan .30.2026
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar