Policy News
The UK is seeking feedback on its emissions-based import rules, set to start in 2027.
The government aims to combat theft and vandalism of infrastructure by proposing restrictions on exporting rail tracks and copper products to verify metal sources.
The South African Revenue Service extended safeguard duty on steel fasteners by 48.04% to protect domestic industry, fostering fair competition and encouraging innovation and technology investments.
The European Commission has finalised its steel import safeguarding measures for the next 12 months, with some changes and exemptions granted to developing countries, including South Africa.
On 15 July 2023, South Africa's Trade Minister extended the ban on certain scrap metal exports for another six months, following a consultation with industry.
The UK government is exploring a carbon border adjustment mechanism (CBAM) and mandatory product standards to address carbon leakage risk and reduce emissions from imports, impacting sectors like iron and steel.
The U.S. Department of Commerce has found that revoking antidumping duties on steel wire rod from multiple countries would likely lead to continued dumping. Dumping margins range from 4.44% to 756.93%.
