A recent report highlights an increase in imports of steel products over 1.5 mm in maximum cross-sectional dimension (HS Code: 7210) from Bahrain to the U.S., driven by favorable terms under the U.S.-Bahrain Free Trade Agreement (FTA).
2023-10-15
Impact: This surge is expected to bolster supply chains for U.S. construction and manufacturing sectors, potentially lowering costs for American businesses reliant on steel products.
Bahrain Steel Exports to U.S. Face Quality Scrutiny
U.S. authorities have initiated quality checks on steel imports over 1.5 mm in cross-sectional dimension from Bahrain following concerns about compliance with ASTM standards.
2023-09-22
Impact: Pending investigation outcomes, there could be temporary delays or restrictions on these imports, affecting availability and pricing in the U.S. market.
U.S. Increases Demand for Bahrain’s Aluminum-Coated Steel
U.S. industries have ramped up orders for aluminum-coated steel products over 1.5 mm in dimension from Bahrain, citing competitive pricing and reliable supply under the FTA.
2023-08-10
Impact: This trend is likely to enhance bilateral trade volumes, providing Bahrain with a stronger foothold in the U.S. steel market while supporting U.S. industrial needs.
Policy Updates
Extension of U.S.-Bahrain FTA Provisions
The U.S. and Bahrain have agreed to extend specific provisions of their Free Trade Agreement, including zero tariffs on steel products over 1.5 mm in cross-sectional dimension (HS Code: 7210), to encourage sustained trade growth.
