Taiwan's Yieh United Warns of Dumping from Vietnam, Thailand
Taiwanese stainless steel maker Yieh United Steel Corp. has raised alarms about a sudden surge of low-priced cold-rolled stainless steel coils from Vietnam and Thailand.
The company indicates it may file an anti-dumping petition within a month to protect domestic producers.
Market Disruption Evidence
| Metric | 2024 Q1 | 2024 Q2 | Change |
| Vietnam Imports (tons) | 15,200 | 28,700 | 89% |
| Thailand Imports (tons) | 9,800 | 18,400 | 88% |
| Average Price ($/ton) | 2,150 | 1,820 | -15% |
Product Details
Targeted Items: Cold-rolled 304/430 stainless coils
Thickness: 0.3mm-3.0mm
Width: 1000mm-1500mm
Industry Impact
Price Pressure: Local mills struggle to match import prices
Capacity Utilization: Taiwanese plants operating at 65% (vs 85% norm)
Job Risks: Potential production cuts affecting 1,200+ workers
Next Steps
Petition Filing: Expected by September 2024
Government Response: Yieh urges 6-month accelerated investigation
Temporary Measures: Possible provisional duties within 90 days
“Fair trade practices sustain the industry – we’re seeing clear dumping patterns that hurt all manufacturers,” stated a Yieh United spokesperson.
Tabs:stainless steel coil ,cold-rolled coils
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