2 May 2025 – There seems to be further movement in a possible anti-dumping investigation against Stainless Steel Cold Rolled imports to Taiwan originating from Vietnam. EU prioritises blast furnace subsidies and neglects electric steel mills: Is an open dispute now brewing between blast furnace and EAF steel mills?
Taiwan hints at possible anti-dumping investigation into cold-rolled stainless steel
There seems to be further movement in a possible anti-dumping investigation against Stainless Steel Cold Rolled imports to Taiwan from Vietnam. According to sources, the Taiwanese government has now also indicated that there are signs that Stainless Steel Cold Rolled imports from Vietnam may warrant an anti-dumping investigation.
Are Taiwanese stainless steel mills pushing for an anti-dumping investigation?
As we reported on 22 April, an anti-dumping investigation into cold rolled stainless steel from Vietnam could be imminent. According to Taiwanese media reports, a Vietnamese re-roller increased its exports to Taiwan tenfold in 2024, undercutting average market prices. Taiwanese stainless steel manufacturers expressed concern about this behaviour and are currently investigating a possible anti-dumping complaint.
Dispute between European Blast Furnace and EAF steel mills?
Even if the European steel mills would like to convey the impression of ultimate unity through their lobby organisations, this is probably just a nice public relations picture that they would like to paint. Because behind the scenes, there is a huge rumbling between the steel mills.
EU prioritises blast furnace subsidies and neglects electric steel plants
According to media reports, the steel mills on the Electric Arc Furnace route recently complained to the European Commission about their neglect. According to the EAF mills, all European subsidies and regulations are primarily aimed at protecting the CO2-intensive and therefore environmentally harmful blast furnace route and, in return, leaving the EAF mills, which are seen as the future of CO2-neutral steel production, completely out in the cold.
This is further proof that the European Commission is not interested in establishing more environmental protection or a significant CO2 reduction in Europe, but only in introducing further trade defence instruments – which disadvantage market participants such as small and medium-sized companies, but also smaller EAF plants, and reduce their competitiveness.
We apologise for the slightly delayed publication of today’s Stainless Espresso.
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