Taiwan will implement a provisional anti-dumping duty on cement products from mainland China beginning May 30, the Ministry of Finance (MOF) said Friday, after a preliminary investigation found that Chinese cement can cause substantial damage to the local cement industry.
It is the fifth anti-dumping duty levied by Taiwan against imported Chinese goods.
The provisional duty would be imposed on Portland Cement Type I, II, and their clinker, which are often used in construction projects including general buildings, reservoirs, roads and underground constructions, said the MOF.
Dayu Cement (Shandong) Co. would receive an anti-dumping duty rate of 95.26 percent, while other Chinese cement makers or exporters would face a 95.29 percent duty rate.
Investigations showed that Portland Cement has caused a "material damage" to Taiwan's cement industry, said the MOF, which announced its anti-dumping investigation against Chinese cement on Dec. 6 last year.
The MOF said that it would wrap up its investigation within 60 days and make its final decisions on the imposition of the duty according to its findings.
In addition to cement, the MOF has also imposed anti-dumping duty on four other products from China -- shoes, towels, compound benzoyl peroxide, and reducing agent sodium formaldehyde sulfoxylate.
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