Serbia introduces import quotas for some types of ferrous metallurgy
Serbia has introduced a six-month import quota system for certain types of steel products in accordance with a decree that came into force on January 1.
Serbia has introduced a temporary quota regime for the import of cement and certain types of steel products in order to maintain market stability in strategic sectors. This measure, which covers the period from January 1 to June 30, 2026, restricts imports of Portland cement and certain types of iron and steel products through tariff quotas for a six-month period. As soon as the quota thresholds are exceeded, an additional 50% customs duty will be applied to the relevant goods.
The regulations apply to five product groups, including Portland cement, hot-rolled steel, cold-rolled steel, ribbed reinforcing steel for concrete, hot-rolled wire rod and ribbed reinforcing rods. The total volume of quotas exceeds 420,000 tons, with cement accounting for the largest share - 250,350 tons. Quotas will be distributed among countries and customs territories based on their respective shares in total imports over the past five years.
Phased implementation over two quarters
The largest allocations are expected to be made to the European Union, Turkey, Bosnia and Herzegovina, Albania and other countries in the region. The quota system will be implemented in two quarterly stages: from January 1 to March 31 and from April 1 to June 30, 2026. Any unused quota amounts may be postponed to the next quarter.
The distribution of quotas will be based on the principle of "who comes, he is served." The Customs Administration will be responsible for implementation and monitoring, and usage data will be submitted monthly to the Ministry of Internal and Foreign Trade.
Author: SteelRadar Editorial Team
Steelradar.com