The EEC has reset the import duty on titanium scrap until August 31, 2028. The measure reduces the cost of production of titanium semi-finished products and increases the competitiveness of metallurgists of the Union. The decision comes into force ten days after publication.
The second decision zeroed the duty on the import of manganese ores — the deadline is the same, until August 31, 2028.
The third decision concerns terephthalic acid and its salts: the zero rate is planned to be set until March 31, 2028. It is a raw material for the production of polymers, from which plastic bottles and packaging are made. The zero rate on it was valid from March 24, 2022 to March 31, 2026, and before that - in 2014-2021. Without the benefit, the rate is 5%.
All three solutions have the same logic: to remove duties from raw materials that are not produced in sufficient volume within the Union, and to reduce the cost of processing. For the importer, the effect is direct — the payment upon release of the batch is reduced by the entire amount of the duty.
The dates are different, and this is important for planning. For terephthalic acid, there was a gap between the end of the previous benefit on March 31, 2026 and the new decision, in which batches were issued at a rate of 5%.
What a business should do. Importers of these groups should check their HS codes with the wording of the decisions: the benefit is linked to specific subheadings, not to the product name. For titanium scrap, the change starts working after a week and a half, so shipments that can be shifted should be shifted beyond the date of entry. Packaging manufacturers should take into account that the decision on terephthalic acid is still in the planned status, and before publication, include the current rate in the calculation.
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