The International Trade Commission (ITC) of Taiwan’s Ministry of Economic Affairs (MOEA) made a final determination that the Taiwanese steel industry is threatened with material injury by imports of certain carbon cold rolled steel products from China that have been found by the Ministry of Finance to be sold in Taiwan at less than normal value and to be subsidized by the government of China.
As a result of the affirmative final injury determination, the Ministry of Finance will determine whether to impose antidumping and/or countervailing duties within 10 days from the next day of receipt of the foregoing notice from the MOEA.
As SteelOrbis previously reported, Taiwan had extended the antidumping duty on stainless cold rolled steel product imports from China until August 2024.