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ITAC recommends 3-year safeguard duty extension for threaded fasteners, with conditions

International Trade Administration Commission of South AfricaRef: ITAC REPORT 780

Official source

Source domain: itac.org.za

Collected on 28 July 2026

Always confirm details on the official source before acting.

Our copy (archived 28 July 2026)Official source

What this means

This is a media release by South Africa’s International Trade Administration Commission (ITAC) dated 28 July 2026. ITAC reports that it initiated an investigation on 27 February 2026 into extending a safeguard duty on increased imports of threaded fasteners of iron and steel. ITAC’s Commission determined that expiry is likely to cause recurrence of serious injury and that the SACU industry is adjusting, and it recommends to the Minister of Trade, Industry and Competition that the safeguard duty be extended for three years with a phased 2% reduction every 12 months and specific customs treatment via Schedule No. 2 to the Customs and Excise Act.

Facts

Reference

ITAC REPORT 780

Key Takeaways

  • ITAC media release dated 28 July 2026
  • Investigation initiated: 27 February 2026
  • Subject: extension of safeguard duty on threaded fasteners of iron and steel
  • Applicant: South African Fasteners Manufacturers' Association (SAFMA) on behalf of members
  • Final determination: expiry likely to lead to recurrence of serious injury
  • Final determination: evidence SACU industry is adjusting
  • Recommendation: extend safeguard duty for 3 years (per ITAC Report 780 table 7(b), excluding qualifying developing WTO member imports)
  • Recommendation: phase down safeguard duties by 2% every 12 months for three years (per ITAC Report 780 table 7(a))
  • Recommendation: list safeguard duties in 'rebate item' column in Schedule No. 2 to the Customs and Excise Act; safeguard duties must be paid (no rebate) without a Commission recommendation from publication date
  • Reference: ITAC Report 780
  • International Trade Administration Commission of South Africa (ITAC)
  • World Trade Organisation (WTO)
  • South African Fasteners Manufacturers' Association (SAFMA)
  • SACU industry
  • Minister of Trade, Industry, Competition
  • Customs and Excise Act

Dates

Closing Date

27 February 2026