JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Japan has initiated an anti-dumping investigation into hot-dip galvanized steel imports from China and South Korea, following complaints from domestic producers about low-priced shipments hurting the local market.
The Ministry of Economy, Trade and Industry (METI) and the Ministry of Finance announced the probe after Nippon Steel, Kobe Steel, and others petitioned in April. The case covers galvanized steel coil, sheet, and strip, widely used in construction and outdoor applications, but excludes imports from Hong Kong and Macau.
Officials said the investigation will be completed within a year, in line with World Trade Organization rules. If evidence of dumping and damage to domestic industry is found, Japan could impose anti-dumping duties.
Tadashi Imai, chairman of the Japan Iron and Steel Federation and president of Nippon Steel, said the process is being conducted fairly, warning that rising global protectionism and cheap imports pose a growing threat to Japan’s steel sector.
The move follows a recent Japanese probe into stainless steel imports from China and Taiwan, underscoring an increased use of trade defense measures to safeguard the domestic industry.
Also Read : Chinese Steel Floods Market, Undercuts Indian Prices by 12% China woes mount: investment banks brace for more Asia job cuts
US Steel Tariffs Stoke Uncertainty in Global Economy President Trump’s recent decision to ele...
USA 18-Jun-2025
India is preparing to challenge the EU's Carbon Border Adjustment Mechanism (CBAM), which requires n...
Energy 07-Jun-2024
✔️ US tariffs unlikely to hurt Indian steelmakers due to low export share.✔️ Less than 5% of Indian...
Business 13-Mar-2025
Malaysia has implemented final anti-dumping duties on tinplate and flat-rolled steel imports from Ch...
Business 05-Jul-2025
ED of lead products manufacturer Gravita India, Navin Prakash Sharma, predicts greater contribution...
Ferrous 19-Jun-2024
India’s coking coal imports are expected to rise due to expanding steel capacity. Steel Secre...
Announcement 25-Apr-2025