US exempts certain South African steel and aluminum products from Section 232 tariffs

Thursday, 25 October 2018 21:54:12 (GMT+3)   |   San Diego
       

In a statement Wednesday, South Africa’s Trade and Industry Minister Rob Davies said the US has granted the country tariff exemptions on certain steel and aluminum products.

Davies reportedly met with US trade officials in July to request the exemptions after an initial request was denied in May. He said the exemptions are step toward “normalizing” trade relations between the two counties, and they will help ensure that jobs in the steel and aluminum industries will be retained.

The exempted products include hot rolled steel bars, hot rolled steel sheets, cold rolled steel sheets, cut-length steel plate and steel plates in coils. Exempted aluminum products include foil, plates, sheets and strip.

US Senators Chris Coons, Johnny Isakson and Roger Wicker had been reportedly pushing for the US to exempt South African steel and aluminum products from Section 232 tariffs, arguing that the country would place reciprocal tariffs on US chicken imports.

In a letter sent to US Secretary of Commerce Wilbur Ross in September, the Senators said, “We urge you to continue advancing our trade relationships on the continent by exempting South Africa from the Section 232 tariffs, which will in turn preserve our AGOA agreement with South Africa and support the US poultry industry.”


Similar articles

Flat steel prices in local Taiwanese market - week 19, 2024

09 May | Flats and Slab

Stocks of main finished steel products in China down 3.1% in late April

08 May | Steel News

Flat steel prices in local Taiwanese market - week 18, 2024

02 May | Flats and Slab

Romanian flats prices stable despite slower trade

26 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 17, 2024

25 Apr | Flats and Slab

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

Flat steel prices in local Taiwanese market - week 16, 2024

18 Apr | Flats and Slab

Stocks of main finished steel products in China down 4.8% in early April

16 Apr | Steel News

Flat steel prices in local Taiwanese market - week 15, 2024

11 Apr | Flats and Slab

Stocks of main finished steel products in China down 2.8% in late March

09 Apr | Steel News