Itac recommends three-year safeguard duty extension for threaded fasteners

The International Trade Administration Commission of South Africa (Itac), on February 27, initiated an investigation into the extension of safeguard duties against increased imports of threaded iron and steel fasteners. The application was lodged by the South African Fasteners Manufacturers' Association (Safma) on behalf of its members. Safma members constitute more than 80% of the total Southern African Customs Union (Sacu) industry by production volume.

Raccontata daengineeringnews.co.za