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S. Africa to impose tariffs on Chinese steel imports

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IANS Johannesburg
Last Updated : Aug 29 2015 | 11:42 AM IST

South Africa has approved recommendations to impose a 10 percent import tariff on some steel imports from China, a media report said.

It was approved on Friday by South Africa's Minister of Trade and Industry Rob Davies, Xinhua reported.

The approval is based on the recommendation by the International Trade Administration Commission of South Africa (ITAC) for the tariff increases following its own extensive investigation, the Department Trade and Industry (DTI) said.

The investigation was initiated after an application from the South African Coil Coaters Association on behalf of Arcelor Mittal South Africa Limited (AMSA) and Safal Steel (Pty) Ltd (SAFAL).

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First Published: Aug 29 2015 | 11:28 AM IST

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