The European Commission has exempted one Vietnamese supplier from EU countervailing duties on imports of stainless steel cold-rolled flat products, Kallanish notes.
It previously imposed duties on stainless steel cold-rolled flat products from Indonesia, Taiwan, Turkey, and Vietnam.
As no evidence was found that Lam Khang’s stainless steel cold-rolled flat products benefited from subsidies, the company has been granted an exemption from countervailing duties. Duties previously collected from Lam Khang-origin imports are to be refunded, with the amendment effective from 18 December and retroactively applicable from 8 May 2024.
Requests for exemptions from Trinox Metal Sanayi ve Ticaret A.Ş. (Turkey) and Yongjin Metal Technology (Vietnam) have meanwhile been rejected.
The EU’s definitive countervailing duty applies to CN codes 7219 31 00, 7219 32 10, 7219 32 90, 7219 33 10, 7219 33 90, 7219 34 10, 7219 34 90, 7219 35 10, 7219 35 90, 7219 90 20, 7219 90 80, 7220 20 21, 7220 20 29, 7220 20 41, 7220 20 49, 7220 20 81, 7220 20 89, 7220 90 20 and 7220 90 80.
Exemptions apply to the following producers:
| Country | Company |
| Taiwan | Chia Far Industrial Factory Co., Ltd. |
| Taiwan | Tang Eng Iron Works Co., Ltd.
Tung Mung Development Co., Ltd. Walsin Lihwa Corporation Yieh United Steel Corporation Yuan Long Stainless Steel Corp. |
| Türkiye | Posco Assan TST Celik Sanayi A.Ş. |
| Vietnam | Posco VST Co., Ltd.
Lam Khang Joint Stock Company |
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