Japan will impose anti-dumping duties of up to 45% on Chinese and 21% on Taiwanese stainless steel from next month.
TOKYO: Japan will impose anti-dumping duties on certain kinds of steel products imported from China and Taiwan as early as from next month, its trade minister said Friday.
The levies will be “up to approximately 45% for Chinese products and up to approximately 21% for Taiwanese products”, Trade Minister Ryosei Akazawa said.
The measures will be taken after the government recognised that “nickel-added cold-rolled stainless steel coil, sheet and strip” from Beijing and Taipei were exported to Tokyo “at unfairly low prices”, he added.
Imports from China account for around 20% of steel products shipped to Japan, and those from Taiwan account for 17%, according to the Japan Iron and Steel Federation. South Korea is the top exporter to Japan, accounting for about 62%.
