site.btaBulgaria's Metallurgy Is "Suffocating" from Unauthorized Imports of Ferrous Metal Products from Third Countries, Association Board Chairman Says

Bulgaria's metallurgy is "suffocating" from unauthorized imports of ferrous metal products from third countries, particularly long rolled steel products, of which over 200,000 tonnes worth some EUR 240 million are imported every year, Nikola Rangelov, Chairman of the Bulgarian Association of Metallurgical Industry (BAMI) Management Board, told BTA in an interview on Tuesday, when the industry marks its professional day. The official celebration of the day is scheduled for the evening at Sofia Balkan Palace, under the auspices of President Rumen Radev, BAMI said. 

Most often, these imports are carried out by circumventing customs regulations and involve products originating in Turkey, Algeria, Egypt or Tunisia. Rangelov gave the example of the import of steel declared as tool steel, for which customs regulations are more favourable, and which is then sold as concrete iron bars for construction, stressing the need of increased state control of unregulated imports.

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