Taiwan to Impose Temporary Anti-Dumping Duties on Steel Imports from South Korea, China
Taiwan will impose temporary anti-dumping duties on cold-rolled flat non-directional electromagnetic steel imports from South Korea and mainland China after preliminary findings indicated dumping practices had caused harm to the domestic industry, the Ministry of Finance announced Tuesday.To prevent further damage during the ongoing investigation, authorities said temporary anti-dumping duties will be imposed starting June 8 for a period of four months.The preliminary findings cover key exporters from South Korea, including POSCO and affiliated firms, as well as all exporters from mainland China, with duties set at 45.7% to 49.8% for Korean suppliers and 26.4% for Chinese shipments.Officials said the review process will continue under prescribed statutory timelines, with final determinations on dumping and industry injury to follow before a decision on long-term anti-dumping measures is made.
