9,078.43 TRY BIST 100 BIST 100
38.44 USD USD USD
5.32 CNY CNY CNY
43.71 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
46.98 TRY Interest Interest
62.41 USD Fossil Oil Fossil Oil
40.43 USD Silver Silver
4.69 USD Copper Copper
99.25 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,035.64 TRY Gold (gr) Gold (gr)

Taiwan extends anti-dumping duties on stainless steel imports for another 5 years

According to an announcement made by Taiwan's Ministry of Finance and Ministry of Economic Affairs (MOEA) on March 18, 2025, Taiwan has decided to extend the anti-dumping duties on stainless steel imports from China and South Korea for another five years.

Taiwan extends anti-dumping duties on stainless steel imports for another 5 years

According to an announcement made by Taiwan's Ministry of Finance and Ministry of Economic Affairs (MOEA) on March 18, 2025, Taiwan has decided to extend the anti-dumping duties on stainless steel imports from China and South Korea for another five years.

These duties, which were implemented in 2013, will remain at 38.11% for cold-rolled stainless steel products from China and 37.65% for cold-rolled stainless steel products from South Korea. The duties will be valid until March 17, 2030. This extension was made after the second periodic review of the policy, which concluded that there was insufficient evidence to suggest that terminating the duties would have a significant negative impact on Taiwan's overall economic interests.

Decision made to maintain market balance

The decision to extend the anti-dumping duties was based on a "sunset investigation" conducted by Taiwan's Ministry of Finance and Ministry of Economic Affairs (MOEA). The investigation showed that removing the duties could lead to low-priced imports dominating the market and potentially harming local Taiwanese steel producers. The Ministry of Economic Affairs' comprehensive analysis found no substantial evidence that continuing the duties would create significant negative economic impacts for the countries to which the duties are applied.

The initial anti-dumping duties were imposed on August 15, 2013, following an official request from the Taiwanese steel producer Yieh United Steel Corp. The company submitted a request for the extension of these duties on February 19, 2024, and the findings of the "sunset investigation" were announced on August 7, 2024.

The subject products

The products in question are flat-rolled stainless steel products from the SUS 300 series, cold-rolled (cold-reduced), whether in coils or sheets. These products include SUS 301, 304, 304L, 316, 316L, and 321 models, as well as other products with corresponding specifications. These products are classified under HS codes 7219329011, 7219329012, 7219329019, 7219339011, 7219339012, 7219339019, 7219349011, 7219349012, 7219349019, 7219359011, 7219359012, 7219359019, 7220209011, 7220209012, and 7220209019.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Kocaer Steel broke production record in April

Friday, May 2, 2025

Project Qatar 2025 opens its doors for the 21st time

Friday, May 2, 2025

Partial recovery observed in UAE scrap market

Friday, May 2, 2025

GBP 94 million spent on nationalization of British Steel

Friday, May 2, 2025

The countdown has started for Made in Steel 2025

Friday, May 2, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now