WTO filing states Turkey's introduction of import quotas on steel

Turkey will introduce quotas on the amount of steel it imports from Oct. 17, with an additional 25 per cent duty on any imports above the quotas, it said in a filing published by the World Trade Organization on Monday, blaming a surge in imports.

It said it had begun investigating the case for emergency "safeguard" measures in April after U.S. President Donald Trump imposed a 25 per cent tariff on steel. That, and subsequent trade restrictions in other countries, including the European Union, India and Indonesia, had diverted steel towards Turkey.