Steel buyers in Thailand are reselling distressed hot-dipped galvanized coil from China after the southeast Asian country started preliminary anti-dumping duties of 35.67% on imported Chinese cold-rolled galvanized steel on August 3.
A Tianjin-based trader told Fastmarkets that at least 100,000 tonnes of Chinese HDG were stuck at Thailand ports recently due to the costly tax, forcing buyers there to export the material to other countries."Thailand hadn't levied the 35.67% duty on...