December 14, 2017

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S. Africa to impose tariffs on Chinese steel

S. Africa to impose tariffs on Chinese steel

South Africa’s Minister of Trade and Industry Rob Davies on Friday approved recommendations to impose a 10-percent import tariff on some Chinese steel imports.

The minister’s approval is based on the recommendation by the International Trade Administration Commission of South Africa (ITAC) for the tariff increases following its own extensive investigation, the Department Trade and Industry (DTI) said.

The investigation was initiated after an application from the South African Coil Coaters Association on behalf of Arcelor Mittal South Africa Limited (AMSA) and Safal Steel (Pty) Ltd (SAFAL). Read more


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