Taiwan has imposed temporary anti-dumping duties on Chinese hot-rolled steel

Taiwan will impose temporary anti-dumping duties on certain types of flat hot-rolled steel from China for a period of four months. This was reported by Yieh with reference to the customs administration.

The temporary duties will take effect on July 3 this year.

The decision was made based on a preliminary finding of dumping practices that are harmful to the local industry. The investigation was launched in March this year following a complaint by China Steel Corporation and Dragon Steel Corporation.

For Baoshan Steel, Baogang Zhanjiang, and Shanghai Meishan Steel and their affiliated manufacturers, the duty rate is set at 16.9%, while for other exporters and companies, it will be 20.15%.

The products subject to provisional duties are hot-rolled flat products of non-alloy and other alloy steels, without further processing or stamping, with a specific range of composition, thickness from 1.1 mm to 25.4 mm, as well as flat products in coils with a thickness of 1.1 mm to 6 mm. It belongs to 65 commodity items.

As GMK Center reported earlier, in May, the Vietnamese Ministry of Industry and Trade announced a review of the preliminary anti-dumping duty on hot-rolled products imported from China. Although the preliminary rates for Chinese products remained unchanged (ranging from 19.38% to 27.83%), the ministry decided to impose an anti-dumping duty of 27.83% on Win Faith Trading Limited.