Industry News

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

Views : 308
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 >>
Japan-focused aluminium premiums up by 13-28% amid tight supply and low global inventories Japan-focused aluminium premiums up by 13-28% amid tight supply and low global inventories
Feb .28.2026
Japan-focused aluminium premiums up by 13-28% amid tight supply and low global inventories
EGA announces $5 billion debt financing EGA announces $5 billion debt financing
Feb .28.2026
EGA announces $5 billion debt financing
40m aluminium superyacht marks the return of Tuxedo Yachting House from Ceccarelli family 40m aluminium superyacht marks the return of Tuxedo Yachting House from Ceccarelli family
Feb .28.2026
40m aluminium superyacht marks the return of Tuxedo Yachting House from Ceccarelli family
Global aluminium scrap Feb 2026 review: US surcharges, EU export fears, and Southeast Asian e-waste bans Global aluminium scrap Feb 2026 review: US surcharges, EU export fears, and Southeast Asian e-waste bans
Feb .28.2026
Global aluminium scrap Feb 2026 review: US surcharges, EU export fears, and Southeast Asian e-waste bans