Broader Steel Tariff Protections Catch Importers By Surprise

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broader steel tariff protections catch importers by surprise

Importers have been caught off guard by the breadth of South Africas latest steel tariff amendments , which extend beyond raw steel inputs to a range of finished and manufactured products.

Steel tariff amendments published by the International Trade Administration Commission ITAC signalled a shift towards greater protection of downstream manufactured steel products, customs expert Clifford Evans told the Port Liaison Forum PLF, an initiative of the Cape Chamber of Commerce, last week.

ITACs Report 764, published in early May, introduced tariff amendments covering a broad range of steel-related products. On May 15, SARS published amendments to the tariff schedule affecting products that had been under investigation by ITAC for more than a year.