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.
