Review of the tariff structure and investigation into introducing an import monitoring system for steel products by the International Trade Administration Commission of South Africa (‘ITAC’) 

Reasons for the review: 

Considering global overcapacity in steel production, increasing protectionist measures by some countries and the associated trade diversion at a global level, South Africa’s steel value chains are facing serious sustainability challenges that are negatively impacting the country’s socio-economic objectives. 

Persistent local conditions such as slow economic growth, weak demand, energy and freight logistics issues further exacerbate this problem. A number of initiatives are being implemented as part of the Steel and Metals Masterplan. Further trade policy measures are required to support domestic steel production. 

In addition, the local downstream industry can produce a wide range of the products listed in Chapters 72, 73, 82 and 83 and be competitive. However, the South African industry faces numerous challenges, including the influx of low-priced and often low-quality imports, that negatively impact the country’s socio-economic goals. 

Members interested in more information can contact Anna-Marth Ott at ceo@middelburgchamber.com.