S. Africa to Raise Steel Tariffs, Power With Russia, Business Day Reports

South Africa will discuss tariffs on its steel exports and the purchase of power from a Russian-owned natural-gas fired plant when President Jacob Zuma visits Russia, Business Day said, citing an unidentified government official.

South Africa wants to discuss the imposition of a 33.3 percent surcharge on Russian imports of stainless steel from Acerinox SA-owned Columbus Stainless, the Johannesburg-based newspaper said, citing the official.

The country will also raise the possible purchase of 500 to 800 megawatts of power from the OAO Gazprom-onwed Kudu plant in Namibia, Business Day said, citing the official.

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