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S. Korea may impose AD duty on Chinese steel plate-铸件展-铸件采购会-国际铸件展-铸造工业展-2026第二十六届广州国际铸件产品及铸造工业展会-巨浪展览-The 26th China(Guangzhou) Int'l Casting Products ,foundry Industry Exhibition 9/8/2025 铸件展-铸件展会-casting expo-casting exhibition |
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South Korea is tightening trade protection measures in the steel industry. The South Korea Trade Commission(KTC) has recommended that the Ministry of Trade, Industry and Energy should accept a proposal from nineChinese steel companies according to which thev would raise export prices of hot rolled carbon and alloy steeplates over the next five years as part of antidumping remedies, according to media reports. The move followsincreasing concerns that Chinese steelmakers are harming South Korea''s domestic steel industry by sellingproducts at unfairly low prices.
According to KTc, the nine companies - including Baoshan lron & Steel Co. and Jiangsu Shagang Steel Co..submited a price undertaking proposal for plate after the commission''s preliminary decision in February toimpose antidumping duties ranging from 27.91 percent to 34.1 percent on HRC from China.
The KTC also stated it will recommend that the ministry of Economy and Finance should impose antidumpingtarifs of up to 34.1 percent over the next five years on other Chinese exporters that did not submit suchproposals.
铸件展-铸件采购会-国际铸件展-铸造工业展-2026第二十六届广州国际铸件产品及铸造工业展会-巨浪展览-The 26th China(Guangzhou) Int''l Casting Products ,foundry Industry Exhibition
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