Siseko Njobeni
Johannesburg – The SA Fasteners Manufacturers Association (Safma) will on Friday ask the International Trade Administration Commission (Itac) of South Africa to apply maximum tariffs on imported fasteners, such as set screws, nuts and bolts, chairman Rob Pietersma said yesterday.Itac is currently conducting a review on the duty structures of various downstream steel products, including fasteners. The review covered R23.5 billion worth of imports in the period between June last year and May this year. The value of imported fasteners in that period was R2.5bn. (…
