Preliminary determination of Anti-Dumping Duty Investigation of Nickel-added cold-rolled stainless steel coil, sheet, and strip originating in the People’s Republic of China and the Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu
- Upon receipt of an application from NIPPON STEEL CORPORATION [日本製鉄株式会社], Nippon Yakin Kogyo Co., Ltd. [日本冶金工業株式会社], NAS Stainless Steel Strip MFG. Co., Ltd. [ナス鋼帯株式会社の画像] and NIPPON KINZOKU CO., LTD. [日本金属株式会社] on May 12, 2025, the Ministry of Finance (MOF) [財務省] and the Ministry of Economy, Trade and Industry (METI) [経済産業省] began conducting an investigation since July 22, 2025, to determine whether or not to impose an anti-dumping duty on Nickel-added cold-rolled stainless-steel coil, sheet, and stripa originating in the People’s Republic of Chinab and the Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu.
- Note: An alloy steel containing 10.5% or more of chromium and containing by weight more than 0.6% nickel. The characteristics of this product are that it combines corrosion resistance, the functionality of steel, and a beautiful and clean design by manufacturing methods. Also, it is used in various fields of demand.
- Note: Excluding the regions of Hong Kong and Macau.
- MOF and METI have explored objective evidence collected from interested parties, including suppliers in the People’s Republic of China and the Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu, providing opportunities for them to present evidence and to express their views. As a result, MOF and METI today made a preliminary determination in the anti-dumping investigation of the product, presuming the fact of the importation of the dumped product and the fact of the material injury to the domestic industry caused by such importation. (Public Notice on June 19, 2026)
MOF and METI will continue the investigation in accordance with the provisions of the international rules under the WTO Agreements and related domestic laws and regulations, providing the interested parties with an appropriate opportunity to present evidence and express their views relating to the preliminary determination.
Following the further investigation, the Government of Japan will determine whether or not the product has been imported into Japan at dumped prices and if such dumped imports have caused material injury to the domestic industry, and make a decision whether or not to impose a definitive anti-dumping duty on the product.
The interim report on preliminary determination offers details of the investigation.
Reference
Public Notice on June 19, 2026 [Archived PDF]
Interim report on preliminary determination [Archived PDF]
[Provisional Translation, June 19, 2026, Ministry of Finance, Ministry of Economy, Trade and Industry]
Extension of the Period of Investigation of Nickel-added cold-rolled stainless steel coil, sheet and strip originating in the People’s Republic of China and the Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu
- With regard to the Anti-Dumping Duty Investigation on Nickel-added cold-rolled stainless-steel coil, sheet, and stripa originating in the People’s Republic of Chinab and the Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu, the Ministry of Finance (MOF) [財務省] and the Ministry of Economy, Trade and Industry (METI) [経済産業省] have decided to extend the period of investigation by three months until September 21, 2026. The purpose of this extension is to carefully review the evidence and relevant documents submitted by interested parties, while ensuring full transparency and fairness throughout the investigation process.
- Note: An alloy steel containing 10.5% or more of chromium and containing by weight more than 0.6% nickel. The characteristics of this product are that it combines corrosion resistance, the functionality of steel, and a beautiful and clean design by manufacturing methods. Also, it is used in various fields of demand.
- Note: Excluding the regions of Hong Kong, China, and Macau, China.
- MOF and METI have been conducting the investigation since July 22, 2025. The investigation was to be concluded within one year, but the period can be extended by six months at most if it is found necessary for special reasons.
Reference
Notice of the Ministry of Finance Relating to the Extension of the Period of Investigation (No. 178, June 19, 2026) [Archived PDF]
[Provisional Translation, June 19, 2026, Ministry of Finance, Ministry of Economy, Trade and Industry]
Issues Re-opened through Liquidity Enhancement Auction on June 19, 2026
| Securities | Issue Numbers | Re-opened Amounts (billion yen face value) |
|---|---|---|
| 10-Year | 363 | 133.7 |
| 10-Year | 364 | 8.4 |
| 10-Year | 365 | 34.8 |
| 10-Year | 369 | 27.7 |
| 10-Year | 370 | 48.9 |
| 20-Year | 128 | 75.1 |
| 20-Year | 129 | 110.6 |
| 20-Year | 132 | 9.0 |
| 20-Year | 133 | 2.5 |
| 20-Year | 136 | 4.9 |
| 20-Year | 142 | 16.0 |
| 20-Year | 143 | 6.8 |
| 20-Year | 153 | 2.0 |
| 20-Year | 154 | 9.9 |
| 20-Year | 159 | 0.7 |
| 30-Year | 6 | 5.0 |
| 30-Year | 7 | 0.1 |
| 30-Year | 13 | 5.0 |
| 30-Year | 14 | 0.1 |
| 30-Year | 15 | 14.1 |
| 30-Year | 16 | 0.2 |
| 30-Year | 17 | 25.6 |
| 30-Year | 19 | 4.9 |
| 30-Year | 20 | 53.0 |
| 30-Year | 23 | 8.6 |
| 30-Year | 24 | 32.4 |
| 30-Year | 26 | 8.9 |
Result of Liquidity Enhancement Auction on June 19, 2026 (For JGB Market Special Participants)
| Auction Date | Issue Date | Amounts of Competitive Bids (billion yen) | Amounts of Bids Accepted (billion yen) | Highest Accepted Spread* | Allotment for Bids at the Highest Accepted Spread | Average Accepted Spread* |
|---|---|---|---|---|---|---|
| 6/19 | 6/22 | 1,897.8 | 648.9 | +0.020% | 98.6666% | +0.016% |
Note
These columns indicate the spreads from the reference rate.
Auction Result of Treasury Discount Bills on June 19, 2026
| Issue Number | Auction Date | Issue Date | Maturity Date | Amounts of Compet. Bids (billion yen) | Amounts of Bids Accepted (billion yen) | Lowest Accepted Price (per 100 yen) | Yield at the Lowest Accepted Price | Allotment for Bids at the Lowest Accepted Price | Weighted Average Price (per 100 yen) | Yield at the Average Price | Amounts of Non-price compet. Auction Ⅰ* (billion yen) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1389 | 6/19 | 6/22 | 9/24 | 9,637.50 | 3,150.38 | 99.7630 | 0.9224% | 79.2411% | 99.7660 | 0.9107% | 949.60 |
Note
For JGB Market Special Participants.
Interest Rate (June 2026)
| Date | 1Y | 2Y | 3Y | 4Y | 5Y | 6Y | 7Y | 8Y | 9Y | 10Y | 15Y | 20Y | 25Y | 30Y | 40Y |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6/1 | 1.123% | 1.4% | 1.558% | 1.775% | 1.948% | 2.094% | 2.243% | 2.397% | 2.538% | 2.682% | 3.225% | 3.567% | 3.871% | 3.863% | 3.8% |
| 6/2 | 1.114% | 1.38% | 1.522% | 1.722% | 1.889% | 2.019% | 2.157% | 2.31% | 2.447% | 2.577% | 3.141% | 3.493% | 3.801% | 3.81% | 3.742% |
| 6/3 | 1.126% | 1.401% | 1.56% | 1.767% | 1.943% | 2.077% | 2.219% | 2.373% | 2.508% | 2.645% | 3.183% | 3.521% | 3.817% | 3.817% | 3.748% |
| 6/4 | 1.148% | 1.417% | 1.579% | 1.787% | 1.966% | 2.105% | 2.242% | 2.395% | 2.535% | 2.671% | 3.225% | 3.554% | 3.835% | 3.833% | 3.749% |
| 6/5 | 1.14% | 1.412% | 1.574% | 1.778% | 1.955% | 2.096% | 2.233% | 2.391% | 2.532% | 2.669% | 3.222% | 3.551% | 3.838% | 3.841% | 3.753% |
| 6/8 | 1.144% | 1.42% | 1.588% | 1.793% | 1.978% | 2.128% | 2.274% | 2.432% | 2.575% | 2.715% | 3.269% | 3.604% | 3.878% | 3.876% | 3.789% |
| 6/9 | 1.146% | 1.42% | 1.582% | 1.784% | 1.962% | 2.101% | 2.242% | 2.398% | 2.537% | 2.669% | 3.217% | 3.543% | 3.824% | 3.823% | 3.759% |
| 6/10% | 1.147% | 1.426% | 1.594% | 1.796% | 1.971% | 2.112% | 2.257% | 2.412% | 2.549% | 2.681% | 3.218% | 3.538% | 3.806% | 3.811% | 3.739% |
| 6/11 | 1.149% | 1.427% | 1.592% | 1.792% | 1.963% | 2.108% | 2.258% | 2.411% | 2.551% | 2.682% | 3.23% | 3.554% | 3.821% | 3.823% | 3.774% |
| 6/12 | 1.15% | 1.417% | 1.579% | 1.772% | 1.938% | 2.077% | 2.218% | 2.373% | 2.511% | 2.643% | 3.189% | 3.508% | 3.77% | 3.767% | 3.713% |
| 6/15 | 1.141% | 1.409% | 1.556% | 1.743% | 1.901% | 2.039% | 2.175% | 2.322% | 2.46% | 2.589% | 3.143% | 3.461% | 3.73% | 3.725% | 3.674% |
| 6/16 | 1.147% | 1.414% | 1.585% | 1.783% | 1.945% | 2.084% | 2.227% | 2.382% | 2.522% | 2.655% | 3.206% | 3.52% | 3.763% | 3.747% | 3.692% |
| 6/17 | 1.139% | 1.398% | 1.552% | 1.745% | 1.897% | 2.034% | 2.182% | 2.335% | 2.479% | 2.613% | 3.17% | 3.49% | 3.741% | 3.709% | 3.654% |
| 6/18 | 1.146% | 1.4% | 1.553% | 1.746% | 1.898% | 2.045% | 2.193% | 2.353% | 2.497% | 2.628% | 3.19% | 3.512% | 3.765% | 3.737% | 3.68% |
Treasury Discount Bills to Be Auctioned on June 26, 2026
| 1. Auction Date: | June 26, 2026 |
| 2. Issue Date: | June 29, 2026 |
| 3. Maturity Date: | September 28, 2026 |
| 4. Offering Amount: | About 4,100 billion yen |
| 5. Others: | The above offering amount may be changed. In such a case, the revised amount will be announced on the day before the auction date. |
[Provisional Translation, June 19, 2026, Ministry of Finance]