The South Korean government announced that it will impose provisional anti-dumping duties of up to 38.02% on hot-rolled carbon steel and alloy steel plates imported from China. This step is based on the results of a preliminary investigation under Article 53 of the Customs Law to prevent unfair competition to the domestic industry. The Commerce Commission found that hot-rolled thick plate from China was being dumped, causing significant damage to the domestic industry.
The Ministry of Strategy and Finance will issue an administrative circular on April 4 to publicize the details of the measure, and will collect comments until April 14, requesting submission of arguments for or against the notification to the Directorate of Industrial Customs. The government has introduced provisional measures to prevent the spread of damage until the investigation is completed.
Products subject to the provisional tariff are defined as flat rolled products made of iron, non-alloy steel or other alloy steel with a thickness of 4.75 mm or more and a width of 600 mm or more. Hot rolled coils and cold rolled products are excluded from this scope. The relevant HS codes are 7208.51.1000, 7208.51.9000, 7208.52.1000, 7208.52.9000, 7225.40.9010, 7225.40.9091 and 7225.40.9099.
The provisional tariff rates are as follows by supplier:
- Baoshan Iron & Steel and its subsidiaries: %27,91
- Jiangsu Shagang and its subsidiaries: %29,62
- Hunan Valin Xiangtan and its subsidiaries: %38,02
- Sino Commodities International: 38.02
- Xiamen ITG AI Cloud Solutions: 38.02
- Other suppliers %31,69
The tariff implementation period is set for a total of four months, from April 24 to August 23, 2025. Implementation details will be finalized by the Korea Customs Commissioner.
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