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On May 17, 2024, the Ministry of Planning and Finance of South Korea SM400A steel issued Announcement 2024-117, stating that, in response to the application submitted by POSCO Co., Ltd. of South Korea on March 13, 2024, the first sunset reexamination investigation on anti-dumping of stainless steel coils with a thickness of less than or equal to 8mm originating in Chinese Mainland, Indonesia and Taiwan was initiated, and the Chinese Mainland enterprise Shanxi Taigang Stainless Steel Co., Ltd. and its affiliated enterprises, Angang Lianzhong Stainless Steel (Guangzhou) Co., Ltd. RPORATION), the dumping investigation period of this case is expected to be from January 1, 2023 to December 31, 2023, and the injury investigation period is expected to be from January 1, 2020 to December 31, 2023. Unless otherwise extended (up to four months), the final decision will be made within six months.
On September 25, 2020, South Korea launched an anti-dumping investigation against stainless steel coils originating in Chinese Mainland, Indonesia and Taiwan SM400A steel. According to Decree No. 865 of the Ministry of Planning and Finance of the Republic of Korea, the Republic of Korea will levy anti-dumping duties on the products involved in the above countries/regions for three years from September 15, 2021, of which 23.69% -25.82% are in Chinese SM400A steel Mainland, 25.82% are in Indonesia, and 7.17% -9.47% are in Taiwan; At the same time, some companies have reached price commitments and no anti-dumping duties will be imposed on those that have reached price commitments. The Korean tax codes of the products involved in the case are 7219.12.1010, 7219.12.1090, 7219.12.9000, 7219.13.1010, 7219.13.1090, 7219.13.9000, 7219.14.1010, 7219.14.1090, 7219.14.9000, 7219.22.1010, 7219.22.1090, 7219.22.9000, 7219.23.1010, 7219.23.1090, 7219.23.9000, 7219.24.1010, 7219.24.1090, 7219.24.9000, 7219.31.1010, 7219.31.9000, 7219.32.1010, 7219.32.1090, 7219.32.1090, 7219.32.1090 9000, 7219.33.1010, 7219.33.1090, 7219.33.9000, 7219.34.1010, 7219.34.1090, 7219.34.9000, 7219.35.1010, 7219.35.1090, 7219.35.9000, 7219.90.1010, 7219.90.1090, 7219.90.9000, 7220.11.1010, 7220.11.1090, 7220.11.9000, 7220.12.1010, 7220.12.090, 7220.12.9000 .