2025-09-15

U.S. Trade Action Targets Corrosion-Resistant Steel, Poses Challenge for Taiwan's Industry

The U.S. Department of Commerce has issued an affirmative preliminary ruling in its investigation into corrosion-resistant steel (CORE) imports, and found that exporters from Taiwan and nine other countries engaged in dumping and/or received unfair subsidies. As a result, the Department plans to impose anti-dumping (AD) and countervailing duties (CVD) on the affected product. This is pending a final decision by the U.S. International Trade Commission (ITC).
 
Taiwan's CORE industry, known for its strong technical capabilities and consistent exports to the U.S., could face increased costs and weakened price competitiveness if the tariffs are implemented. This may impact export volumes, business operations, and the broader supply chain, especially in sectors like automotive, home appliances, and construction, where CORE materials are essential.
 
The investigation involves roughly US$2.9 billion in imports from ten countries, including Taiwan, and comes on top of existing Section 232 trade restrictions. If confirmed by the ITC, the new duties could further raise trade barriers, posing a dual challenge for Taiwan's steel and metal-related industries. Taiwanese companies are advised to closely monitor developments and consider diversification strategies to mitigate potential risks.
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