Industry News

South Africa’s association calls for cancelation of new duties on steel imports

Views : 74
Update time : 2024-01-30 17:08:53
Some major local steel enterprises opposed imported products and recommended to the International Trade Administration Commission (ITAC) to increase tariffs. Still, the National Employers' Association of South Africa (NEASA) said that the increased import duties on steel products in December would injure the South African local manufacturing industry.

Gerhard Papenfus, the Chief Executive of NEASA, said that the new import duties imposed last month were to protect ArcelorMittal South Africa (AMSA), but these duties would lead to disaster for the domestic industry.
Related News
Read More >>
Malaysian Anti-Corruption Commission raids lead to arrest of state official linked to illegal bauxite mining in Kuantan Malaysian Anti-Corruption Commission raids lead to arrest of state official linked to illegal bauxite mining in Kuantan
Nov .18.2024
Malaysian Anti-Corruption Commission raids lead to arrest of state official linked to illegal bauxite mining in Kuantan
Chinalco together with Dalian Liaonan Shipyard unveils joint innovation centre for ship equipment Chinalco together with Dalian Liaonan Shipyard unveils joint innovation centre for ship equipment
Nov .18.2024
Chinalco together with Dalian Liaonan Shipyard unveils joint innovation centre for ship equipment
Aluminium-made figurine installations adorn the Coeur d'Alene public library Aluminium-made figurine installations adorn the Coeur d'Alene public library
Nov .18.2024
Aluminium-made figurine installations adorn the Coeur d'Alene public library
SMM alumina price opens the week with a growth of RMB22/t; Australian alumina FOB price rises by US$37/t SMM alumina price opens the week with a growth of RMB22/t; Australian alumina FOB price rises by US$37/t
Nov .18.2024
SMM alumina price opens the week with a growth of RMB22/t; Australian alumina FOB price rises by US$37/t