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Experts question South Africa’s steel tariff review deadlines
The Star
|March 27, 2025
STEEL industry experts on Wednesday expressed scepticism about the deadlines set for the steel tariff review recently launched by the Department of Trade, Industrial and Competition (Dtic), citing its vast scope and the far-reaching implications of its proposals.
On March 19, Dtic published a notice in the Government Gazette (notice no. 5061 of 2025) informing stakeholders of its intention to initiate the process of reviewing the steel tariff structure.
These include breaching the bound rate, which comprises all pricing, import duties, and invoking Article 19 of the World Trade Organisation (WTO) on tariffs of trade.
They warn that such measures would drive up tariffs and prices, potentially leading to the collapse of numerous businesses within the sector.
This story is from the March 27, 2025 edition of The Star.
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