Investigations into Corrosion Resistant Products from Taiwan

Regulation Development

In a preliminary determination, The Department of Commerce found that mentioned producers and exports of subject articles sold subject articles at Less Than Normal Value.  Certain Corrosion Resistant Steel Products from Taiwan are under Administrative Review of the antidumping duty order.

The review started in June of 2016 and lasted till June 2017.  Three companies have been withdrawn from the administrative review, those include Great Grandeul Steel Co. Ltd, Meng Sin Material Co. Ltd, and Xxentria Technology Materials Co. Ltd.  Weighted-average dumping orders exists for four companies: Chung Hung Steel Corporation 2.5 at Prosperity Tieh Enterprise Co Ltd at 3.0, Sheng Yu Steel Co Ltd 4.8, Yieh Phui Enterprise Co Ltd/ Syn. Industrial Co Ltd at 1.3.

Relevance

When an importer sells items at lower than normal or fair value, they increase a competitive advantage so much it becomes a disproportionate bargaining power for one entity, this reduces competition as domestic participants may not be able to arrive at a similar price legally.

It is important that imports are regulated to avoid supporting crimes such as fraud, money laundering, or other illegal activities.

When prices increase on imports, it increases the costs on suppliers.  Suppliers receiving higher costs may pass these price increases to consumers in order to compensate.

International trade is important as it allows countries to work together and support distant economies, creating jobs, wealth, and international cooperation.

Entrepreneurs should be aware of changing regulations as they are a big component of barriers to entry.  If a regulation changes rules significantly, than it can be either a challenge or opportunity for entrepreneurs hoping to enter a market.

Changes in commercial environment within an industry can impact participants in difference ways.   Some changes may be easy to adjust to, some may change an industry significantly.  Market Leaders have a separate team to monitor and plan management actions in the legal and regulatory environment.

Disclaimer

Regulation Regular comments on actions of government agencies with an explanation and examination for stratagem or opportunity.

In an effort to find opportunity for entrepreneurial and investment efforts, I have begun to monitor more actions from governmental agencies regarding regulations.  This segment aims to highlight interesting developments in the business environment including competitors, regulations, or interesting occurrences.

THIS IS NOT LEGAL ADVICE.  THIS IS COMMENTARY ON REGULATION.

Regulations can be a source of opportunity, as they make a major part in the determination of barriers to entry.  An industry or practice is difficult to enter if there is a significant amount of regulative procedures and requirements, versus when restrictions are removed an opportunity may be presented.  In this way we are doing our small part to encourage an informed people.

We start from modest beginnings but continue to identify, develop, and research opportunity and strategy for entrepreneurs, to better develop business ideas.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.