Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US Department of Commerce has found that Taiwan and China are circumventing the antidumping and countervailing duty (AD/CVD) orders on corrosion-resistant steel products (CORE) issued by the US on the two countries.


In a notification issued on Jun 1, Commerce indicated that certain CORE products that used hot-rolled steel (HRS) and cold-rolled steel (CRS), and flat products imported from Malaysia were manufactured in Taiwan or China. 


Through this order, Commerce notified importers and exporters of CORE produced in Malaysia that used HRS or CRS produced in other countries, that they would have to certify that the HRS and CRS used in their products were not manufactured in Taiwan or China.


If these products do originate from the two Asian nations, Malaysian exporters will be subject to the same AD duties applicable to CORE products from them. Commerce has also instructed the US Customs and Border Patrol (CBP) to continue to suspend the liquidation of such products imported from Malaysia.


Malaysian exporters using Chinese HRS or CRS to produce CORE will be subject to an AD of 199.43pc–the same as the AD on China-wide entities for CORE, and countervailing duty (CVD) of 39.05pc. For CORE originating from Taiwan, Malaysian suppliers will have to pay an AD of 3.66pc before CBP liquidates their material.

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