South Korea plans to formally impose anti-dumping duties on hot-rolled steel coils from Japan and China

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On May 26, South Korea’s Ministry of Economy and Finance released a draft plan to impose anti-dumping (AD) duties on hot-rolled steel coils imported from Japan and China.

South Korean authorities determined that the dumped imports—subject to an investigation launched in March 2025—have caused material injury to the domestic industry; consequently, they propose imposing anti-dumping duties ranging from 28.16% to 33.43% for a period of five years.

The scope of these measures is broad, covering hot-rolled carbon and alloy steel products such as coils, sheets, and medium-thick plates, HDT950C+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , but excluding heavy plates, coated steel sheets, stainless steel, and special steel for molds.

Regarding Japanese companies, the tax rates are 33.43% for JFE Steel, 31.58% for Nippon Steel, and 32.66% for other Japanese firms. For Chinese companies, the rates are 29.37% for Baosteel, 28.16% for Angang Group’s Bengang Plate (Benxi Steel), and approximately 33% for other enterprises.

At the same time, South Korea has accepted "price undertakings" from certain Japanese and Chinese companies, allowing them to avoid anti-dumping duties by maintaining minimum export prices. HDT950C+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , The Japanese entities involved include JFE Steel, Nippon Steel, Tokyo Steel, and their affiliated trading companies; the Chinese entities include major steelmakers and trading firms such as Baosteel, WISCO, Shougang Jingtang, Shagang, and Rizhao Steel.

Additionally, certain high-end steel products—such as API-grade steel, steel for automotive transmissions, and steel for tinplate—have been excluded from these measures. HDT950C+ZF Hot dip Zinc-Iron alloy coating (ZF) steel , For instance, Nippon Steel’s SPHE-PO material (used for construction machinery counterweights) and JFE Steel’s DR-HIGH-EL (steel for can manufacturing) are both covered by these exemptions.

  • Source: Abstract
  • Editor: Shirley

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