SteelMatters – November 2024
The November 2024 issue of Steel Matters highlights the South African steel industry's challenges, collaborative strategies, trade statistics, and impactful community upliftment initiatives.
Imported Bolt end and Screw Nuts from Belarus, Indonesia, and Turkey now liable for Safeguard duties
- Published July 18, 2022
The South African Iron and Steel Institute welcomes the news of the amendments for bolt ends and screw nuts tariff headings, 7318.15.41, 7318.15.42, and 7318.16.30, to include imports originating in or imported from Belarus, Indonesia, and Turkey. Between April 2020 and May 2022, over 2000 tons of bolt ends and screw nuts were imported from these countries
effective from 15 July 2022 to 23 July 2022 the 52.04% safeguard duties will be payable on imports of Bolt ends and screw studs (excluding those of stainless steel and those identifiable for aircraft) imported from Belarus, Indonesia, and Turkey.
saisi continues to engage the government to finalize such investigation timeously given the protracted red tape which currently delays the remedy urgently required by producers faced with unfair trade.
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SteelMatters – OCTOBER 2024
This month, explore Steel Market Outlook: worsening as demand and consumption decline amid high import shares, crude steel production , trade trends, and international prices.
