Regarding the petition filed by US-based producers for the antidumping investigation against rebar imports from Turkey, Japan and Taiwan, Taiwanese market sources state that the investigation should focus on Turkey rather than Taiwan, since Taiwan’s rebar exports to the US amount to only 10 percent of Turkish rebar exports to the country.
Taiwanese market players also expect that, even if high antidumping duties are imposed on Taiwanese exports, Taiwanese producers will not be affected so much since there are just about five mills in Taiwan exporting to the US irregularly. Overall, Taiwanese rebar mills produce 5.5 million mt of rebar annually and only export 5-7 percent of this total.