Background on Anti-Dumping Measures
Thailand’s Department of Foreign Trade (DFT) has initiated a second sunset review of anti-dumping duties on cold-rolled stainless steel flat products from China. These measures aim to protect the domestic market by evaluating whether the current duties should remain in place. Products under investigation fall under several customs codes, including 7219.32.00.030, 7219.33.00.040, and 7220.20.10.030, among others.

Details of Anti-Dumping Duties
Thailand first imposed these duties in December 2012, with specific companies such as Shanxi Taigang Stainless Steel Co. and Tianjin Tisco & TPCO Stainless Steel receiving a zero rate. Other Chinese exporters, including Ningbo Baoxin Stainless Steel Co., faced an 8.5% duty, while remaining exporters were taxed at 33.32%. These measures were extended for another five years in December 2019.

Current Review and Interim Measures
During the review period, which can last up to one year, the duties will remain in effect as deposits. The investigation will assess the potential impact of lifting the duties on Thailand’s domestic industry. Businesses and stakeholders are invited to submit their feedback during this period.

Import Statistics and Trends
From January to September 2023, Thailand imported 49,959 tonnes of the targeted products, including 11,519 tonnes from China. Historical data shows a fluctuating import trend, with total imports ranging from 55,891 tonnes in 2020 to 86,538 tonnes in 2021, and China’s share varying between 10.9% and 13.5% during this period.

Conclusion

The outcome of this sunset review will determine whether Thailand continues to impose anti-dumping duties on Chinese stainless steel products. Stakeholder input and import trends will be critical factors in shaping the final decision.