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WTO sides with Japan against Korea’s ADs on stainless bar

Source: Mysteel Dec 02, 2020 12:00
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Stainless Sections Import/Export Industry
One of the longest-running disputes in global steel trading might finally be resolved. This follows the recent decision of a dispute settlement panel of the World Trade Organization (WTO) which ruled that South Korea’s imposition of anti-dumping duties on Japanese stainless bars for the past 16 years violates WTO rules.
The dispute has its origins back in July 2004 when the Korean government upheld a claim filed by local steelmakers SeAH Special Steel and its now sister company SeAH Changwon Integrated Special Steel and imposed AD penalties of 15.39% on imports of Japanese stainless bars, initially for a three-year period. During 2002 when

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