The International Trade Administration Commission of South Africa has announced that it has imposed definitive antidumping duties on imports of certain flat rolled steel products after concluding that dumped imports from China, Japan and Taiwan caused material injury to the domestic industry.
The investigation, initiated in September 2024, determined that imports of hot rolled flat steel from the three countries were priced below normal value, leading to significant negative impacts on the domestic industry.
According to the findings, dumped imports resulted in price undercutting and suppression, declining sales and production volumes, reduced capacity utilization and falling profitability.
Definitive antidumping duties are in the range of 6.99-47.93 percent for Chinese companies, at 44.95 percent for Japan-based Nippon Steel and 57.23 percent for other Japanese companies, and at 24.20 percent for Taiwan.
The products fall under the HS codes 7208.10, 7208.25, 7208.26, 7208.27, 7208.36, 7208.37, 7208.38, 7208.39, 7208.51, 7208.52, 7225.30, and 7225.40.