The Moroccan Ministry of Industry and Trade revealed duty-free quotas for cold-rolled and coated steel products.
According to the announcement, the Ministry set the customs-free quotas for these products at 36,000 tons for the year 2024, and allocated the majority of the 32,400-ton quota to products of European Union origin, with the remaining portion allocated to sources outside the European Union. In 2021, the Ministry announced that safeguard measures on cold-rolled and coated steel products will remain in effect until the end of 2024. The share of these products exempt from customs duties was set at 36 thousand tons. Imports exceeding this quota will be subject to a safeguard duty of 13.75% in 2022, with the duty rate gradually reduced to 12.5% in 2023 and 11.25% in 2024.