Order Gain or Pipe Dream? Result up in the Air for Taiwan Before EU's Final AD Determination on Chinese Fasteners
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The EU's AD investigation on fasteners imported from China is still underway. Taiwanese fastener companies are expected to gain orders switched from European purchasers, but some of these fastener companies states that this doesn't make much of a benefit for the time being, and that the large number of orders coming in from Europe is mainly the result of recovering demand after lockdowns were lifted.
Europe in the midst of the pandemic is on a pivotal point of economic recovery and therefore, it didn't commence the provisional tariffs on China in case the act could disturb the supply chain. It's still unclear whether Taiwanese fastener companies will be the beneficiary in the short term and it calls for further observations. However, February 2022 is the deadline of EU's AD investigation and mid-term & long-term benefits are still worth expecting.