Tariffs on Cold-Rolled Stainless Steel Extended, Protecting Domestic Production

Further Measures to Safeguard Industry Against Potential Unfair Trade Practices

Authorities have announced the extension of anti-dumping duties on cold-rolled stainless steel imports from specific countries for an additional five years. This decision follows a comprehensive review and aims to protect domestic manufacturers from potential unfair trade practices.

The duties, which will remain in effect until March 17, 2030, will be levied at a rate of 38.11 percent on imports from one country and 37.65 percent on imports from another. The decision was made after a thorough investigation conducted by relevant government departments.

The investigation determined that the removal of these duties could potentially harm local producers. Furthermore, analyses indicated that the extension of these measures would not significantly impede overall economic benefits enjoyed by the countries subject to the duties.

The original anti-dumping duties were initially implemented following a request from a local manufacturer. This extension reinforces the commitment to supporting domestic industries and ensuring a level playing field in the market.

The process for extending these duties included a formal application and a subsequent investigation, culminating in the current decision to extend the tariffs.