The final decision of the anti-dumping investigation into imports of cold-rolled stainless steel products from China and Indonesia conducted by the Directorate General of Imports of the Ministry of Commerce, covering the period from January 1, 2021 to December 31, 2023, was published in the Official Gazette and entered into force.
The investigation was initiated upon the application of POSCO Assan TST Çelik San. A.
Ş., with the support of Trinox Metal San. ve Tic. A.
Ş.
In accordance with the final decision of the Ministry, an anti-dumping duty of 3.95 percent was imposed on all Chinese exporting companies. The findings that imports from China created price pressure in the domestic market and negatively impacted sales performance and profitability were maintained, as stated in the final disclosure report previously published by SteelOrbis on December 15.
Meanwhile, imports from Indonesia were determined to be below the minimum level and therefore the investigation into Indonesia was discontinued.
Imports of cold-rolled stainless steel from China amounted to 126 201 tons in 2021, 214,122 tons in 2022 and 166,778 tons in 2023. The share of these imports in total imports was 35.6 percent in 2021, 57.1 percent in 2022 and 50.1 percent in 2023. The ministry said that taking the market share index of a product imported from China to be 100 units in 2021, the index rose to 170 units in 2022 and stood at 154 units in
