South Korea expands anti-dumping measures against stainless steel imports

South Korea extends anti-dumping import duties on stainless steel long products for three countries.

The South Korean government announced that, based on the results of the study, it decides not to cancel anti-dumping measures against the import of stainless steel bars from Japan, India and Spain, as this would lead to material damage to the domestic industry. Therefore, anti-dumping measures will be maintained for another three years.

South Korea has imposed an anti-dumping duty of 15.39% on imports of stainless steel long products from Japan and Spain and 2.76-15.39% anti-dumping duties for India. Beginning in 2001, South Korea began to impose anti-dumping measures on imports of stainless steel long products sourced from Japan, India and Spain.