This time it is cold-rolled steel and a variety of coated steel which Specstrip would like to have rebated. There are already 60 temporary steel rebates, covering the normal customs duties on steel and then another 50 temporary rebates specifically related to the safeguard duties on hot rolled steel. This is an enormous amount of complexity created in order to accommodate the duty increases which have already been imposed.

A temporary rebate gives relief of duty while the local manufacturer(s) cannot meet demand. They require a permit to be issued by ITAC before the rebate can be utilised. The specific rebates being requested this time are:

“Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated, or coated, not further worked than cold-rolled (cold reduced), other, with a thickness of 0.30mm or more but not exceeding a thickness of 1.60 mm, with a carbon content by means of 0.5 per cent or more, classifiable in tariff subheading 7211.29, in such quantities, at such times and subject to such conditions as the International Trade Administration Commission may allow by specific permit; and

Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, painted, varnished or coated with plastics, of a thickness of 0.5 mm or more but not exceeding 1 mm, with a carbon content by mass of 0.17 per cent or more but not exceeding 0.27 per cent, classifiable in tariff subheading 7212.40, in such quantities, at such times and subject to such conditions as the International Trade Administration Commission may allow by specific permit.”

If you wish to respond to this application, or just find out more, please contact us on info@xa.co.za.

Interested parties have until 19 July 2019 to respond.

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