According to incomplete statistics from Chengjiu, currently, the regions imposing anti-dumping and countervailing duties on Chinese stainless steel include the EU, the US, South Korea, Mexico, Thailand, Vietnam, Brazil, Malaysia, India, and others. The involved stainless steel products include hot-rolled and cold-rolled stainless steel coils, welded pipe fittings, flanges, seamless pipes, welded pipes, sinks, etc.

Stainless steel coil products dominate China’s stainless steel exports, accounting for over 70% of the total export volume. Among them, cold-rolled exports are predominant, accounting for 56.7% of the total stainless steel export volume. Therefore, foreign trade barriers against Chinese stainless steel exports mainly target cold-rolled stainless steel coils.

The current situation of overseas anti-dumping/countervailing duties on Chinese stainless steel coils is summarized in the following table:

Trade Measures on Chinese Stainless Steel Coils

Initiating Region Initiation Date Products Involved Anti-dumping/Countervailing Duty
China Taiwan August 2019 Cold-rolled medium-thick sheets Anti-dumping duty on China: 38.11%
Brazil October 2019 0.35mm < thickness ≤ 4.75mm flat austenitic 304

(304, 304L, 304H) stainless steel and cold-rolled ferritic 430 stainless steel

Anti-dumping duty on China: $175.62 – $629.44/ton

Anti-dumping duty on China Taiwan: $93.36/ton or $705.61/ton

Vietnam October 2019 Cold-rolled stainless steel coils (excluding thick plates) Anti-dumping duty on China: 17.94% – 31.85%

Anti-dumping duty on China Taiwan: 37.29%

Anti-dumping duty on Indonesia: 10.91% or 25.06%

Anti-dumping duty on Malaysia: 11.09% or 22.69%

Thailand December 2019 Cold-rolled stainless steel Anti-dumping duty on China: 8.5% – 33.32%
EU October 2020 Hot-rolled stainless steel Anti-dumping duty on China: 9.2% – 19%

Anti-dumping duty on China Taiwan: 4.1% – 7.5%

Anti-dumping duty on Indonesia: 17.3%

Mexico October 2020 Cold-rolled stainless steel Anti-dumping duty on China: $0.63/kg

Anti-dumping duty on China Taiwan: $0.61/kg or $0.05/kg or zero

South Korea September 2021 Cold-rolled and hot-rolled stainless steel coils (thickness ≤ 8mm) Anti-dumping duty on China: 23.69% – 25.82%

Anti-dumping duty on Indonesia: 25.82%

Anti-dumping duty on China Taiwan: 7.17% – 9.47% Exemption for companies with price commitments

EU September 2021 Cold-rolled stainless steel Anti-dumping duty on China: 24.4% – 25.3%

Anti-dumping duty on China Taiwan: 0% or 6.8%

US October 2022 Cold-rolled and hot-rolled stainless steel coils Anti-dumping duty on China: 63.86% – 76.64%

Countervailing duty: 75.6% or 190.71%

India April 2023 Hot-rolled and cold-rolled stainless steel coils (200 series) Countervailing duty on China: 18.95%
Malaysia July 2023 Cold-rolled stainless steel Anti-dumping duty on China: 2.68% – 23.95%

Anti-dumping duty on China Taiwan: 13.77% – 52.17% Anti-dumping duty on Thailand: 24.88% – 111.61%

Brazil May 2024 0.35mm ≤ thickness ≤ 4.75mm 200 series and 410 cold-rolled stainless steel thin sheets Anti-dumping duty on China: $629.44/ton

Note on Brazil’s Expanded Anti-dumping Duty

It is noteworthy that in the first half of this year, Brazil expanded its previously imposed anti-dumping duty on 0.35mm ≤ thickness ≤ 4.75mm flat austenitic 304 (304, 304L, and 304H) stainless steel and cold-rolled ferritic 430 stainless steel to now include 0.35mm ≤ thickness ≤ 4.75mm 200 series and 410 cold-rolled stainless steel thin sheets.