Saturday, September 6, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Lifestyle

Japan launches anti-dumping probe into stainless steel sheets from China, Taiwan

by Mark Darwin
in Lifestyle
Japan launches anti-dumping probe into stainless steel sheets from China, Taiwan
Share on FacebookShare on Twitter


Published Wed, Jul 23, 2025 · 08:12 AM

[TOKYO] Japan has launched an anti-dumping investigation into nickel-based stainless cold-rolled steel sheets and strips imported from China and Taiwan, its trade and finance ministries said on Tuesday.

The move follows a petition filed on May 12 by Nippon Steel and other domestic manufacturers, who claim they have been forced to lower prices due to weakening domestic demand as buyers have shifted to cheaper imports.

The Ministry of Economy, Trade and Industry and the Ministry of Finance plan to complete the investigation within a year and will then decide whether to impose anti-dumping duties.

According to the application submitted by the steelmakers, imported products were being sold in Japan at prices 20 per cent to 50 per cent lower than those in China and 3 per cent to 20 per cent lower than those in Taiwan.

The Japanese steelmakers claim they have been unable to set prices that reflect rising costs, leading to a decline in operating profits and other damages.

Excess production and exports by Chinese steelmakers have become an international concern.

BT in your inbox

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Japan is among a number of countries that have criticised Chinese companies for receiving government subsidies to produce excess steel and then exporting it at cheap prices, worsening global market conditions.

While other countries have imposed anti-dumping measures or similar actions against China, Japan has yet to do so.

Tadashi Imai, chairman of the Japan Iron and Steel Federation and also president of Nippon Steel, has repeatedly warned the global rise in protectionism could leave Japan vulnerable to inexpensive steel imports, hurting domestic production.

Taiwan’s economy ministry, in a statement sent to Reuters, said when it came to such cases it would help impacted companies respond “in order to protect their export interests.”

China’s commerce ministry did not immediately respond to a request for comment. REUTERS

Share with us your feedback on BT’s products and services

Tags: antidumpingChinaJapanLaunchesProbeSheetsstainlesssteelTaiwan
Mark Darwin

Mark Darwin

Next Post
Stocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust

Stocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In