Stable, with minor fluctuations due to regional demand.
Special Rates
Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin and documentation.
A recent bilateral trade agreement between the United States and Djibouti has facilitated an increase in the import of rectangular steel slabs (HS Code: 7207.12) with dimensions of 3 m or more in length and 1.25 m or more in width, aimed at supporting US construction projects.
2023-10-15
Impact: This agreement is expected to lower tariffs and increase the volume of steel slab imports from Djibouti, potentially reducing costs for US manufacturers.
Djibouti Expands Steel Production for US Market
Djibouti has ramped up production of large rectangular steel slabs to meet growing demand from the United States, focusing on slabs meeting the specified HS Code dimensions for industrial use.
2023-09-22
Impact: Increased production capacity in Djibouti could lead to a more stable supply chain for US industries reliant on these specific steel slabs.
US Importers Face Logistics Challenges with Djibouti Steel Slabs
US importers of large rectangular steel slabs from Djibouti have reported delays due to port congestion and shipping bottlenecks, affecting the timely delivery of goods under HS Code 7207.12.
2023-08-30
Impact: These logistical issues may temporarily disrupt supply chains and increase costs for US businesses dependent on these imports.
Policy Updates
US Reduces Tariffs on Djibouti Steel Imports
The United States has implemented a tariff reduction on specific steel products, including rectangular slabs with a length of 3 m or more and a width of 1.25 m or more (HS Code: 7207.12), as part of a broader trade initiative with Djibouti under the African Growth and Opportunity Act (AGOA).
