Amsa gets boost as state hikes tariffs on steel coil and transformers
The provisional 52% levy, which came into force on July 1, will be in place for about 200 days
03 July 2025 - 05:00
The International Trade Administration Commission of SA (Itac) has imposed a provisional 52.34% tariff on imports of corrosion-resistant steel coil to prevent “further injury” to the domestic market, in a move that is a major boost to ArcelorMittal SA (Amsa).
The move by the regulator is a win for the embattled steel giant, which had asked for remedial action to be taken by authorities, decrying increased imports of corrosion-resistant steel coil. The application by Amsa was supported by Safal Steel...
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