Applicable under the Stabilization and Association Agreement (SAA) with the EU, if the product meets origin criteria and the United States benefits from third-party agreements via EU trade frameworks.
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Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Import Monitoring for Hot-Rolled Steel Coils from Montenegro
The U.S. Department of Commerce has announced enhanced monitoring of imports of hot-rolled steel coils with patterns in relief (HS Code: 7208.10) from Montenegro due to concerns over potential dumping practices.
2023-10-15
Impact: This could lead to stricter import controls or potential tariffs, affecting the cost and availability of these steel products from Montenegro in the U.S. market.
Montenegro Seeks Trade Agreement with U.S. on Steel Products
Montenegro has initiated discussions with U.S. trade officials to establish a bilateral agreement ensuring fair trade of hot-rolled steel coils, aiming to prevent future trade disputes over HS Code 7208.10 products.
2023-09-20
Impact: A successful agreement could stabilize trade flows and reduce the risk of tariffs or quotas on Montenegrin steel exports to the U.S.
U.S. Steel Industry Raises Concerns Over Montenegrin Imports
U.S. steel manufacturers have petitioned for an investigation into imports of hot-rolled steel coils with patterns in relief from Montenegro, citing unfair pricing under HS Code 7208.10.
2023-08-05
Impact: This may result in temporary trade barriers or anti-dumping duties, potentially reducing Montenegrin steel imports to the U.S.
Policy Updates
U.S. Updates Import Quota System for Steel Products
The U.S. has revised its steel import quota system, including products under HS Code 7208.10 (hot-rolled coils with patterns in relief), which may impact Montenegro’s export volumes to the U.S. by setting stricter limits.
