Thailand terminates anti-dumping probe on galvanized steel
Thailand's pending anti-dumping case on imports of hot dip galvanized sheet and coil from China, South Korea and Taiwan has been terminated, Kallanish understands. The Thai Antidumping Committee announced its decision to terminate the final anti-dumping investigations on 5 March on the grounds that it found that there was no injury to domestic industry. The ruling was published in the Thai Royal Gazette on 7 March, Thailand Ministry of Commerce (MoC) official sources say.
Earlier this year, Thailand’s MoC in its preliminary anti-dumping investigation found dumping margins of 3.69-27.61% against imports from China, 2.62-62.22% for South Korean imports and 4.10-9.08% for Taiwanese imports.
However, Thailand’s antidumping committee subsequently agreed that there was no injury to the Thai domestic industry, so preliminary duties were not implemented. At that time, informed sources said that the case was likely to be terminated.
The MoC launched the investigation on the above imports, which involved 47 HS codes under 7210 and 7212, in September 2016. The probe, which covered the period of July 1, 2015-June 30, 2016, was extended for another six months when it was not completed after a year.
The main petitioners include Bangkok Steel Industry and Sangkasi Thai Co. The full disclosure of the final investigations will be released around a month’s time, Kallanish hears.
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Anonymous
Very good overview of the weekly steel market.
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