South Korea hits China-origin GI sheets, coils with AD duties up to 34%

South Korea's trade regulator, the Korea Trade Commission (KTC), has recommended that provisional anti-dumping (AD) tariffs be imposed on imports of Chinese galvanized and color-coated steel sheets and coils, saying that its initial investigation had determined that unfair trade practices on the part of the Chinese exporters had directly and materially caused injury to the domestic industry.

The KTC, under the Ministry of Trade, Industry and Resources, ruled on April 16 that it would ask the Ministry of Finance to levy provisional AD penalties of between 22.34% and 33.67% on four Chinese trading firms until it completes its investigation, according to Korean sources. The commission expects