Minister Tau issued a policy directive to ITAC instructing them to review the Price Preference System (PPS) on scrap steel. The PPS is a sneaky subsidy programme which forces generators of scrap metal to subsidise the consumers of scrap metal by giving […]
The US government has initiated six section 232 investigations since the start of 2025 (nine if you count steel, aluminium and automotive, which saw duties change or implemented without a new investigation). Frustratingly, we are not given tariff codes for each review, […]
ArcelorMittal South Africa (Amsa) burnt through R1.9 billion in 2024, which I think we can all agree, is a lot of money, especially for a company with a market capitalisation of R1.1 billion, raising their total debt by roughly the same amount. […]
ITAC just spoiled your next long weekend because you now need to attend our free webinar on the brand new review of the renewable energy value chain. It covers R59 billion worth of imports, under 82 tariff codes, so if you are […]
Caustic soda rebate created If you import caustic soda to make soda lye, then you can now not pay the duties on caustic soda, by using the new manufacturing rebate. Click here for more information on the rebate. Duty increase application on […]
With a stroke of his fat koki pen, President Trump has done more to harm the dollar’s reserve status than anything Xi, Putin or anyone else could do. Although its reserve status was an outcome of agreements struck at Bretton-Woods, the dollar […]
This is very bad indeed. XA will be doing analysis on this over the next few days, but in the interim here are my initial views. We’ll put out something more polished a little later. Oh, and here is the White House’s […]
Government policies are an attempt to change how the market behaves (importing too much? Let’s impose an import duty.) When government, in 2012, decided to move money from packaging companies, car makers, and steel fabricators to the mini-mills (companies making steel out […]
ITAC have just initiated the biggest tariff review in their 22 year history, on steel. This is about much more than just tariffs, but it most definitely also includes tariffs. The scope of the review is everything in chapters 72 (primary steel […]
A customs tariff increase application on roasted groundnut imports classifiable under subheadings 2008.11.20 and 2008.11.90 from 0.99c/kg (0.033% ad valorem equivalent) to 20% was withdrawn by the South African Groundnuts Forum because they have closed their nut roasting business. The investigation was […]