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