Industry News

South Korea levies 3.66-11.37% AD duty on Vietnam’s cold-rolled stainless steel

Views : 442
Update time : 2024-10-24 14:32:00
The Korea Trade Commission (KTC) decided to impose a preliminary anti-dumping (AD) duty on cold-rolled stainless steel products from Vietnam at a duty rate ranging from 3.66% to 11.37%, depending on the company.

Specifically, the AD duty rate is 3.66% for YongJin Metal Technology (Vietnam), 11.37% for TVL Joint Stock Company and TVL Steel Production and Construction Joint Stock Company, and 4.79% for other suppliers.

The products involved are stainless steel cold-rolled products, in all steel grades, shapes, widths, lengths, and thicknesses, regardless of surface treatment and trimming, classified under HS codes 7219.31.1010, 7219.31.1090, 7219.31.9000, 7219.32.1010, 7219.32.1090, 7219.32.9000, 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, 7220.20.1010, 7220.20.1090, 7220.20.9000, 7220.90.1010, 7220.90.1090, and 7220.90.9000.

The period of injury investigation is from January 1, 2021 to December 31, 2023, and the dumping investigation period is from January 1, 2023 to December 31, 2023.

The AD investigation was launched in May this year based on the application filed by POSCO.
Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern