Department of Trade, Industry and Competition (DTIC) and Macsteel have reached a legal settlement in a case brought by the steel merchant after government extended the implementation of safeguard duties on hot-rolled coil (HRC) imports in August last year. The case was settled in the High Court, in Pretoria, on June 22 following an agreement that, once the current 8% safeguard expires in August, there be a moratorium on the implementation of further safeguard duties on HRC for at least the next two years.
from Engineering News | Home https://ift.tt/3xEkq5Q
