Favorable news comes again from TISCO's response to anti-dumping investigations of Malaysia
2018-03-29 15:46:02 [Print]
Recently, the Malaysian government announced that it would impose anti-dumping duties on cold-rolled stainless steel produced in Chinese Mainland, South Korea, Thailand, and Taiwan, China. In particular, Shanxi Taigang Stainless Steel Co., Ltd. in Chinese Mainland would be imposed an anti-dumping tax of 2.68%, while other companies in Chinese mainland would be imposed anti-dumping duties of 23.95%, and the highest anti-dumping tariffs faced by South Korea, Thailand, and Taiwan, China would be 111.61%. This is the third time that TISCO has achieved good results in responding to anti-dumping cases in Malaysia.
Malaysia is a country along the "the Belt and Road" and is also the major stainless steel market in Southeast Asia. In 2014 and 2015, Malaysia had successively conducted anti-dumping investigations on plain carbon steel, SPHC and cold-rolled stainless steel in Chinese Mainland. TISCO actively responded and obtained a minimum tax rate of 2.4% and no damage results. In May 2017, Malaysia launched an anti-dumping investigation against cold-rolled stainless steel products produced in Chinese Mainland again.
Malaysia is a country along the "the Belt and Road" and is also the major stainless steel market in Southeast Asia. In 2014 and 2015, Malaysia had successively conducted anti-dumping investigations on plain carbon steel, SPHC and cold-rolled stainless steel in Chinese Mainland. TISCO actively responded and obtained a minimum tax rate of 2.4% and no damage results. In May 2017, Malaysia launched an anti-dumping investigation against cold-rolled stainless steel products produced in Chinese Mainland again.
