Steel safeguard duties 'will cut jobs and protect ArcelorMittal monopoly'

© laurentiu_iordache – [[www.123rf.com 123RF.com]]</span>The National Employers Association of SA (Neasa) does not think tariffs on cheap, mainly Chinese, steel imports will help an industry in crisis. Instead, it says, measures taken by the Department of Trade and Industry to ensure SA's largest steel maker, ArcelorMittal SA, stays afloat have created a new steel monopoly - something the state has long railed against.