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Last updated: 1 year ago
News and Updates
Recent News
US Increases Export of Cold-Formed Angles to Congo Amid Infrastructure Boom
The United States has seen a surge in exports of cold-formed angles, shapes, and sections (HS Code: 7216.61) to Congo, driven by Congo's recent infrastructure development projects requiring steel components.
2023-10-15
Impact: This trend is likely to strengthen trade ties and increase US export revenues, though it may face challenges due to fluctuating global steel prices.
Congo Imposes Quality Checks on Imported Steel Sections from US
Congo's Ministry of Trade has introduced stricter quality control measures for imported cold-formed steel sections from the US to ensure compliance with local construction standards.
2023-09-20
Impact: These regulations could slow down trade temporarily as US exporters adapt to new certification requirements, potentially increasing costs.
US-Congo Trade Talks Highlight Steel Sections as Key Export
During recent bilateral trade discussions, cold-formed angles and sections emerged as a significant export commodity from the US to Congo, with both nations aiming to streamline logistics.
2023-08-05
Impact: Improved logistics and trade agreements could reduce shipping costs and boost export volumes in the near future.
Policy Updates
Congo Revises Import Tariffs on Steel Products
Congo has adjusted import tariffs on steel products, including cold-formed angles and sections (HS Code: 7216.61), reducing the rate by 5% to encourage imports for infrastructure projects.
Date: 2023-09-10
US Updates Export Compliance for Steel to African Markets
The US Department of Commerce has introduced new export compliance guidelines for steel products, including cold-formed sections, to ensure adherence to international trade standards with countries like Congo.