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Steel industry stakeholders demand urgent review of Preferential Price System changes

South African steel value chain stakeholders have criticised the International Trade Administration Commission's (Itac) amendments to the Preferential Price System (PPS), in effect as of the beginning of this month, as having ignored evidence-based recommendations, amongst a series of uncorrected errors.In response to the gazetted amendments, steelmaker ArcelorMittal South Africa…
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