FRIDAY, April 26, 2024
nationthailand

Anti-dumping tariffs against imported stainless steel pipes

Anti-dumping tariffs against imported stainless steel pipes

Thailand will impose anti-dumping tariffs against stainless steel pipes imported from South Korea, China, Taiwan and Vietnam.

The tariffs are set in the range of 2.38 per cent to 310.74 per cent of CIF (cost, insurance and freight) rate. 
Commerce Permanent Secretary Chutima Bunyapraphasara said today that the decision was raised at the anti-dumping and countervailing committee's meeting on Tuesday.
She insisted that the investigation process was transparent and in line with international standards. 
"All parties involved are now allowed to voice their opinions or object the decision," she said.
Vietnam will be hit the most, as the anti-dumping duties against steel pipes manufactured in Vietnam are set at 310.74 per cent of CIF. 
The duties for products from South Korea, China and Taiwan are;11.96-51.53 per cent, 145.31 per cent and 2.38-29.04 per cent, respectively.
The duties are imposed on the finding that the imports unfairly undercut manufacturers in Thailand. 
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