Taiwanese industry hopes to continue AD duties on stainless steel products from China & South Korea
26 Jun 2019 16:14 reported by Iona Chen
The Taiwanese government has imposed anti-dumping duties on imported stainless steel cold-rolled products from China and South Korea, which have a five-year statute of execution and will expire by August.
The government was currently executing the sunset investigation for this issue. Most of the manufacturers suggested continuing the measure, while some expected to exclude 300 series products in the tariff scope.
The Taiwanese government has imposed the anti-dumping duty on Chinese and South Korean mills by 20.18-38.11% five years ago. The domestic enterprises have also submitted the fact of dumping and required to impose tariffs for another five years.
The Ministry of Finance and Economic has been doing the investigation this year and held the public hearing this week, as a summary of the decision on whether to continue the anti-dumping duties.
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