FLASH: South Korea's trade commission recommends ADs on Japanese, Chinese HRC imports
The KTC recommended that provisional penalties of between 31.58% and 33.57% be imposed on Japanese HRC and duties of between 28.16% and 33.1% be applied to Chinese coils.
The KTC is reacting to a complaint lodged by South Korea's second-largest steel company, Hyundai Steel, claiming that the influx of low-priced HRCs from China and Japan has damaged the local steel market, as Mysteel Global reported.
Written by Russ McCulloch, russ.mcculloch@mysteel.com
Edited by Alyssa Ren, rentingting@mysteel.com
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