Market News
South Africa extends safeguard measure on imported threaded fasteners
The International Trade Administration Commission of South Africa (ITAC) has made an affirmative final determination of the sunset review investigation of a safeguard measure on imports of threaded fasteners of iron or steel, deciding to extend the measure by another three years.

The duty rate is 48.04% for the period from July 24, 2023 to July 23, 2024, 46.04% from July 24, 2024 to July 23, 2025, and 44.04% from July 24, 2025 to July 23, 2026.

The products involved are threaded fasteners of iron or steel, consisting of bolts ends and screw studs, screw studding and other hexagon nuts, excluding those of stainless steel and those identifiable for aircraft, classified under HS codes 7318.15.41, 7318.15.42, and 7318.16.30.