[SMM Stainless Steel Flash] Thailand Initiates AD Sunset Review on Cold-Rolled Stainless from Japan, Taiwan, Korea

According to the Stainless Steel Industry Association (PASSAD), Turkey's steel sector surpassed Germany in 2025 to become Europe's largest producer, but officials warned that the industry faces severe cost risks under the new CBAM regime (effective Jan 1, 2026) if companies rely on high default emission values (2.3 tons) instead of actual data (0.6-0.7 tons). To maintain competitiveness and meet net-zero goals by 2053, the sector requires $31.4 billion in investment, supported by the newly launched Turkey Industrial Decarbonization Investment Platform (TIDIP) and the upcoming Climate Law No. 7552.

According to reports on Feb 20, German Environment Minister Carsten Schneider urged industries to show "location patriotism" by prioritizing domestic green steel, a move critics call unrealistic given the EU's 75% reliance on imported iron ore and the fact that cited examples like Deutsche Bahn's green tracks cover only 0.04% of the network. Simultaneously, analysts warn that the EU's protectionist tariff strategy may backfire, citing a NY Fed study showing that over 90% of US tariff costs were passed to consumers while the US trade deficit actually widened to $1.241 trillion in 2025.

According to Shandong Tengda Fasten Tech, the company plans to redirect approximately CNY 166.9 million from a previous domestic expansion project to establish a new stainless steel fastener production facility in Vietnam. The project, to be executed through its subsidiary Công Ty TNHH Vật Liệu Mới Yepp Việt Nam, targets an annual capacity of 18,000 tons with a construction period of two years. The shift comes as global demand for the originally planned drill-tail and flat washer products has softened, prompting the company to optimize capital efficiency and accelerate its global layout.