Business · Trade · 1 day ago
Japan sets anti-dumping duties on stainless steel from Taiwan and China
Japan has set anti-dumping duties on stainless steel from Taiwan and China for five years, starting October 31.
The measures cover nickel-based stainless steel coil and sheet imported into Japan.
Japan’s investigation found that these imports were sold at unfairly low prices and had caused real harm to domestic industry.
Duties on Taiwanese makers range from 3.6% to 20.1%, while Chinese makers face rates of 27.7% or 42.1%.
Taiwan’s YUSCO said its Japanese orders had already fallen by about one-fifth during the investigation, and Walsin Lihwa said it plans to challenge its rate.
The steel industry group in Japan welcomed the investigation as fair and said the duties could help protect competition.
The measures are now due to take effect, while Walsin Lihwa says it will appeal and YUSCO plans to strengthen its Japanese service and product range.
Japan will impose anti-dumping duties for five years on nickel-based stainless steel sheet and coil imported from Taiwan and China, starting on October 31.
The rates are 3.6% to 20.1% for Taiwanese products and 27.7% to 42.1% for Chinese products.
Japan’s final investigation found that dumped imports had caused substantial injury to domestic industry.
Taiwanese manufacturers YUSCO and Walsin Lihwa expressed dissatisfaction with the decision, and Walsin said it plans to appeal.
Japan’s steel industry association chairman welcomed the investigation’s result as fair and independent.
- Who
- Japan’s government is imposing the duties on imports from Taiwan and China.
- What
- It will apply anti-dumping duties to nickel-based stainless steel sheet and coil.
- When
- The duties start on October 31 and will last five years.
- Where
- Japan.
- Why
- Japan’s final investigation found that dumped imports had caused substantial injury to domestic industry.
Taiwanese manufacturers facing duties
Japan Iron and Steel Federation
Decision
Taiwanese manufacturers facing duties
Some Taiwanese manufacturers said they were dissatisfied with the rates; Walsin Lihwa said it would appeal.
Japan Iron and Steel Federation
Chairman Masayuki Hirose called the investigation fair and independent.
Impact
Taiwanese manufacturers facing duties
YUSCO said orders had already fallen by about 20% during the investigation period.
Japan Iron and Steel Federation
Hirose said duties were important to maintaining a free and fair market.
Japan’s trade and finance ministries began investigating suspected dumping of nickel-based stainless steel from China and Taiwan.
Japan issued its final investigation report, finding that dumped imports had caused substantial injury to domestic industry.
Japan’s steel industry association chairman praised the investigation as fair and independent.
The five-year duties are scheduled to take effect.
- Taiwan duty rates
- 3.6% to 20.1%
- China duty rates
- 27.7% to 42.1%
- Duration
- Five years
- Taiwanese companies sampled
- YUSCO: 3.6%; Walsin Lihwa: 20.1%
- Taiwan exports to Japan
- About US$120 million in 2024
- YUSCO order decline
- About 20% during the investigation period
3 sources
What people are saying
I evaluate this as the result of an investigation conducted from a fair and independent standpoint.
If dumped goods circulate through rerouted exports, they will distort the market and, as a result, some companies will suffer losses.