Skip to content

Safeguard duties imposed on hot-rolled steel imports

# Trade, Industry and Competition Department will impose safeguard duties on hot-rolled steel imports following the International Trade Administration Commission of South Africa’s final recommendation. Duties will start at 13-percent in year one, eleven-percent in year two, and nine-percent in year three. The department says that the move aims to protect local producers from a recent surge in cheaper imports. The temporary measure allows the local industry time to recover and become more competitive. Exemptions apply to developing countries with minimal import volumes.