Steel industry calls for removal of import tariffs

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SA steel makers bemoan scant supply and high prices of steel

SA’s steel industry is up in arms over the continued tariff protections provided to floundering ArcelorMittal SA , accusing the department of trade, industry & competition of collusion with the steel giant at the expense of downstream players.

This comes as AMSA, which is reportedly failing to supply enough steel to the local market according to its customers, is lobbying the government for further protection by way of a 41% duty on certain steel products...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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