South Africa is set to impose a safeguard duty on certain steel imports from South Korea.
On 04 September 2026, the International Trade Administration Commission of South Africa (ITAC) announced that imports from South Korea will incur an 11% safeguard duty on specific hot-rolled steel products. This duty will be effective from 02 May 2027 until 01 May 2028.
South Africa’s New Steel Import Duties
The International Trade Administration Commission of South Africa (ITAC) has taken a decisive step to protect local industries. The safeguard duty will apply to hot-rolled steel products classified under Chapter 72. This measure is aimed at regulating the influx of imports that could potentially harm domestic producers.
The decision reflects a growing trend among nations to safeguard their industries against unfair competition. By imposing this duty, South Africa aims to create a more level playing field for its local steel manufacturers.
South Africa: Key figures on safeguard duty
- 11%
- 02 May 2027
- 01 May 2028
Context of the Safeguard Duty Implementation
The safeguard duty is part of a broader strategy to enhance the competitiveness of South African industries. ITAC’s decision is based on a thorough assessment of the potential impact of steel imports on local production. This move is expected to encourage local manufacturing and reduce reliance on foreign steel.
Next Steps for Implementation
- Implementation of the safeguard duty begins on 02 May 2027.
- The duty will remain in effect until 01 May 2028.
South Africa is taking significant steps to protect its steel industry from foreign competition.
