The Thai government has decided to impose a five-year antidumping (AD) duty on cold rolled stainless steel from Taiwan, Japan and South Korea, starting from mid-March, 2009.
Thailand's government has stated that the domestic cold rolled stainless steel market had been seriously affected by steel imports from the three countries in question, and that local mills were calling for stricter limitations of these imports. Despite the imposition of a 50.99 percent duty on these steel imports two years ago, the quantities of imported steel have increased continuously.
Thailand imported 25,000 mt of stainless steel in 2007, mostly from Japan at 17,000 mt, followed by Taiwan and South Korea with 2,000 mt and 1,700 mt respectively.