US imposes anti-dumping duties on steel makers based in Taiwan: officials
CNA Sunday, May 18, 2014, 12:10 am TWN
WASHINGTON--The U.S. Department of Commerce (DOC) said Friday that it has set preliminary anti-dumping duties on Taiwanese non-oriented electrical steel (NOES) makers as imports of their products have caused material damage to the U.S. steel market.
Leicong Industrial Co., a Chungli-based steel maker, has been ordered to pay an anti-dumping tariff of 52.23 percent, the highest among the Taiwanese respondents in the case, according to the DOC.
The U.S. agency said that as Leicong failed to answer the DOC's questionnaire, the department handed down the punitive duty simply based on adverse facts available.
Meanwhile, China Steel Corp., Taiwan's largest steel maker, as well as other Taiwanese respondents have been ordered to pay 28.14 percent anti-dumping tariff, the DOC said.
NOES is cold-rolled flat-rolled alloy steel that is used in the machine tool industry and in the production of electricity generators.
In addition to Taiwan, the DOC has imposed anti-dumping duties on NOES exporters from China, South Korea, Japan, Germany, and Sweden.
As no mandatory Chinese respondents in the case responded to the DOC's requests for information, all of the Chinese NOES exporters involved in the case have been ordered to pay an anti-dumping tariff of 407.52 percent.
NOES exporters from South Korea have received an anti-dumping tariff of 6.91 percent, while Japanese respondents in the case have been assigned punitive duties ranging between 135.59 percent and 204.79 percent.
Exporters from Germany must pay anti-dumping tariffs of 86.29 percent to 98.84 percent, while companies from Sweden have to pay punitive tariffs of 98.46 percent to 126.72 percent.
The DOC said it is scheduled to issue a final decision about exporters from Taiwan and South Korea on Oct. 3, while a final ruling on exporters from China, Japan, Germany and Sweden is scheduled to be issued on July 29.
The DOC launched anti-dumping as well as anti-subsidy investigations in November 2013 after AK Steel Corp., a steel supplier based in Ohio, filed a complaint with the department.
Following an investigation, the DOC imposed an anti-subsidy duty of 12.82 percent on Taiwan's Leicong in March, while other Taiwanese firms faced a 6.41 percent countervailing duty (CVD). But China Steel did not have to face any anti-subsidy duty.
The case is the first time in 27 years that Taiwan's steel makers have been the subject of an investigation by the U.S. government into alleged government subsidies.
According to the DOC's statistics, Taiwan's NOES exports to the U.S. fell to US$8.14 million in 2013 from US$17.25 million recorded in 2012.
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