UK Follows European Union in Proposing a Carbon Price on Imports
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 US is to continue anti-dumping orders on wire rod imports from 10 countries including South Africa
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%.
WTO Ruled Against Section 232 USA Tariffs
On 09 December 2022, the World Trade Organization dispute-settlement panels found the USA violated international trade rules with its tariffs on imported steel […]
The EU Commission review protective measures on certain steel products
The EU Commission has initiated a review of the safeguard duties and quota applicable to imports of certain steel products. The current […]
Imported Bolt end and Screw Nuts from Belarus, Indonesia, and Turkey now liable for Safeguard duties
The South African Iron and Steel Institute welcomes the news of the amendments for bolt ends and screw nuts tariff headings, 7318.15.41, […]