Korea slaps provisional AD on China-origin stainless plates

South Korea's Trade Commission under the Ministry of Trade, Industry, and Energy has recommended that a provisional anti-dumping duty be imposed on Chinese stainless steel plates, saying that its investigation has shown that low-priced imported Chinese plates have negatively impacted the Korean steel industry.

In its recommendation presented to the Ministry of Finance on January 16, the commission asked that a provisional dumping duty of 21.62% be imposed on Chinese stainless steel plates while its main anti-dumping investigation proceeds. Responding to a petition lodged last June by local stainless plate producer DK Corp, the