The European Commission aims to cap tariff-free steel imports at 18.3 million tonnes a year, a 45% cut from current levels.
The Durban Multi-Purpose Terminal was the most improved facility, handling 131.6% more volume than last year.
Businesses will explore diverse market opportunities to overcome global trade and tariff challenges.
Since the bloc’s launch in 2021, much of the early trade activity has taken place under the GTI.
The law requires importers of legumes and several other products to prove they did not cause deforestation.
The association plans to host a special event to highlight the port’s latest operational turnaround.
The DTIC announcement represents the first formal opportunity for stakeholders to comment.
The development has been welcomed as “a first step towards a fairer playing field” for local retailers.
The industry has set its sights on the continent as part of its export diversification strategy.
Carriers were cancelling sailings at an intensity not seen since the early pandemic period.
The surge in exports is, in large part, stimulated by competition at home.
It’s part of a broader US effort to counter China’s dominance in the maritime trade.
