Fastener imports continue to outweigh locally manufactured products, as South Africa produced 13 146 t of standard hexagon steel bolts, set screws and nuts in 2012 and imported 30 800 t of the same materials, states South African Fasteners Manufacturers Association (Safma) chairperson Rob Pietersma.
This compares with the 15 977 t of standard hexagon steel bolts, set screws and nuts produced by the country in 2011 and the 10 284 t imported that same year. These figures were preceded by 14 397 t of locally produced standard hexagon steel bolts, set screws and nuts and 13 722 t of imports in 2010.
“The range of fasteners imported into South Africa (…)
via Imports continue to curb industry potential, despite antidumping duty.