|

South Africa Imposes High Tariffs on Chinese and Thai Steel 

South Africa has moved to shield its domestic steel sector by imposing steep tariffs on structural steel imports from China...

South Africa has moved to shield its domestic steel sector by imposing steep tariffs on structural steel imports from China and Thailand, following an investigation that found the products were being sold at unfairly low prices.

The government announced on March 19 that Chinese steel imports will now face duties of up to 74.98%, while Thai steel will be charged 20.32%. These measures follow provisional tariffs introduced in 2024, when China faced a 52.81% levy and Thailand 9.12%, as authorities conducted a full anti-dumping probe.

The International Trade Administration Commission of South Africa confirmed that structural steel from both countries was entering the Southern African Customs Union market at prices below normal production costs, negatively impacting local manufacturers. The tariffs primarily target steel used in construction, a key sector for national infrastructure projects.

South Africa’s steel industry has been under significant strain due to declining domestic demand and an influx of cheap imports. Leading producers, including ArcelorMittal South Africa, have already reduced operations and shut down some mills in response.

Industry statistics reveal that imports make up about 36% of South Africa’s steel consumption, with China accounting for roughly 73% of these imports.

Officials in China and Thailand have yet to respond to the new tariffs. South Africa’s trade authorities said the measures are aimed at safeguarding local jobs and stabilizing the steel sector.

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign up for the HB Newsletter

Get stories that matter delivered directly to your inbox

OTHER STORIES

Get the stories that matter most delivered directly to your inbox

© Copyright 2025 – HB Report. All Rights Reserved

HB Logo

Sign up for the HB newsletter

By signing up, you agree to our Privacy Policy and Terms of Use, and agree to receive content that may sometimes include advertisements. You may opt out at any time.