Korea Imposes 21.62% Provisional Anti-dumping Duty on Chinese Stainless Steel Plates

On January 16th, South Korea's Trade Commission announced a 21.62% provisional anti-dumping duty on stainless steel plates imported from China. This measure comes in response to the influx of low-priced Chinese imports, which have significantly impacted local manufacturers. The duty aims to provide immediate relief to the domestic market while the full anti-dumping investigation continues.

The investigation, which has been ongoing, is expected to reach a final conclusion by June 2025. In the meantime, the provisional duty serves as a protective measure, offering a buffer for the domestic industry against market disruptions caused by underpriced imports.

As a global stainless steel manufacturer shipping products worldwide, YES Stainless closely monitors evolving trade policies that impact our clients across different markets. Global trade is dynamic and full of opportunities, but adapting to these ever-changing regulations remains a key challenge in our industry.

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