South Africa has imposed provisional safeguard duties on certain flat-rolled products of iron, non-alloy steel, and other alloy steels, XA Global Trade Advisors (Xagta) has said.
According to Xagta analyst Wongani Msiska, the duties, which take immediate effect, will remain in place until January 13 next year.
This development was formally published in the Government Gazette on June 27 under section 57A of the Customs and Excise Act, 1964.
She pointed out that the safeguard takes the form of a provisional payment set at 52.34%, applicable to imports of flat-rolled products of iron or non-alloy steel, plated or coated with aluminium-zinc alloys and with a thickness not exceeding 0.20 mm.
It includes products with a thickness exceeding 0.20 mm but not exceeding 0.45 mm, flat-rolled alloy steel products plated or coated with zinc, thickness not exceeding 0.20 mm, and products with a thickness exceeding 0.20 mm but not exceeding 0.45 mm.
Msiska added that goods originating in or imported from numerous developing countries were excluded from the duty.
“This list is extensive and includes countries such as Brazil, India, Indonesia, Vietnam, Türkiye, Malaysia, Egypt, and others, as outlined in full in the schedule to the Gazette.”
