South Africa, Facing Mill Closures, Begins Steel Tariff Review

Pipework at the closed ArcelorMittal South Africa steel plant in Yzervarkensrug, South Africa.

Photographer: Dwayne Senior/Bloomberg
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South Africa, facing the prospect of ArcelorMittal SA closing two steel mills crucial to the local manufacturing industry, has begun a review of import tariffs on the metals and is proposing other methods of protecting the industry.