Anti-Dumping Duties of 19.3% Will Be Imposed on Stainless Steel Imports from Taiwan, Vietnam and Turkey, EU Announces Preliminary Results

The European Commission today announced the preliminary results of two ongoing anti-dumping proceedings against cold-rolled stainless steel from Indonesia, via China Taiwan, Turkey and Vietnam, Carbo Group reports, March 5, 2024.

The results are expected to be officially announced in the coming weeks. According to sources, cold-rolled stainless steel imported through China's Taiwan and Vietnam will henceforth be subject to an anti-dumping duty of 19.3 percent. Anti-dumping duties do not apply to Turkey. In the future, China, Taiwan, Vietnam and Türkiye should be subject to a countervailing duty of 20.5 percent. Some associated companies should also be exempt from duties. Anti-dumping and countervailing duties have not yet been finalized and may change before official announcement.

Controversial Stainless Steel Anti-Circumvention Cases Both anti-circumvention investigations caused considerable dissatisfaction with the Commission. This was due not only to the fact that the investigations were disproportionate and unfounded, but also to serious administrative errors during the proceedings.