3. KEY INTERVENTIONS/MEASURES ALREADY IMPLEMENTED TO SUPPORT THE INDUSTRY AND WHICH ARE CONTINUING
3.1 Trade policy and administration support: 3.1.1 Increase in the general rate of customs duty on primary steel products to 10% and safeguard measures on hot rolled coil and plate products. 3.1.2 Tariff increases on a range of downstream products to the maximum bound rates allowed; trade remedies; deployment of rebates where products are not manufactured or additional value is added before export Since July 2015 a total of 50 trade actions have been taken in the sector across the value chain, including: 6 trade remedies: 2 anti-dumping duties; 2 safeguard actions and 2 sunset reviews on anti-dumping duties; 17 tariffs increased; 3 tariffs maintained; 3 tariffs reduced; and 21 rebates provided of which 10 were rebates for tariffs and safeguards. 3.1.3 SARS reference price system developed for steel products to address low-priced imports and inter-agency working group established to tackle illegal imports 3.2 Localisation 3.2.1 The use of procurement by government to boost aggregate demand: • All major steel intensive products are designated under the PPPFA • Undeemed primary steel in the early rounds of designations to encourage beneficiation and the use of locally manufactured primary steel in all key infrastructure programmes 3.2.2 Consensus developed at Nedlac on Buy Local Programme: • Commitment to promote localisation set out in the Nedlac Economic Recovery Plan covering the 2021 implementation of the localisation commitments made by social partners on the identified value-chains, including steel-intensive products for construction, tools and implements, household goods, capital equipment, transport auto, rolling stock and railway lines, based on a set of targets; a set of products; and champions at CEO level.
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The South African Steel and Metal Fabrication Master Plan 1.0
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