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South Korea has announced anti-dumping tariffs of 21.62% on stainless steel plates imported from four Chinese companies. The decision by the Korea Trade Commission aims to protect domestic manufacturers from unfairly low-priced imports that have impacted local production.
The five-year tariffs apply to products supplied by Shuang International Development, STX Japan Corp., Best Win International, and Jiangsu Daekyung Stainless Steel. These stainless steel plates are essential in industries like shipbuilding, semiconductors, natural gas, and displays.
The move follows a formal complaint by South Korean manufacturer DK Corp, which reported significant harm caused by the surge in cheap imports. Earlier this year, the government had temporarily imposed provisional duties of up to 38% during its investigation.
This decision is part of South Korea’s broader trade defense strategy. Similar anti-dumping measures were introduced in recent months against Vietnamese stainless steel, Chinese sodium dithionite, and Thai particle boards. Existing tariffs on other Chinese steel products have also been extended through 2030.
By tightening trade regulations, South Korea aims to create a fairer competitive environment and support the stability of its key manufacturing sectors.
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