The Thai government recently announced that from November 13, 2023, it will re-impose anti-dumping measures on tin mill steel coils and non-tin mill steel from mainland China, Taiwan region of China, EU and South Korea. This decision is based on the announcement issued by Thailands Committee on Dumping and Subsidy on October 25, 2023. The anti-dumping duties will be levied based on CIF prices, with rates for tin mill steel coils at 2.45%-17.46% for mainland China, 4.28%-20.45% for Taiwan region of China, 5.82% for EU, and 8.71%-22.67% for South Korea, while rates for non-tin mill steel are 4.53%-24.73% for China, 3.95%-17.06% for South Korea, and 18.52% for EU.

Thailand initiated anti-dumping investigations on these products in 2020. On November 12, 2021, Thailands Committee on Dumping and Subsidy made a final affirmative ruling to impose five-year anti-dumping duties on the products from these countries. However, the collection was temporarily suspended within six months after the original measures took effect. Notably, the products involved exclude painted, laminated, or embossed tin mill steel coils, as well as painted/laminated/printed galvanized or chrome-plated steel coils.

On February 24, 2023, Thailand issued an announcement to revise the English name of mainland Chinese company Guangdong Hoihoi (Qinhuangdao) Tinplate Industry Co., Ltd. to ensure information accuracy. Meanwhile, Thailand extended the suspension period three times on May 13, 2022, November 11, 2022, and May 11, 2023, until November 10, 2023.

This move by Thailand will significantly impact exports of tin mill steel coils and non-tin mill steel from related countries. Through such measures, Thailand aims to protect its domestic market from foreign product dumping and ensure fair competition for domestic industries. This may have important implications for the global steel trade landscape, particularly for exporters from China, South Korea, EU, and Taiwan region of China.