South Korea announced AD duties on stainless steel flat-rolled products from 3 countries
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Update time : 2021-07-23 21:33:44
The products involved are under HS codes 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, 7219.31.1090, 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, 7220.11.1010, 7220.11.1090, 7220.11.9000, 7220.12.1010, 7220.12.1090, 7220.12.9000, 7220.20.1010, 7220.20.1090, 7220.20.9000, 7220.90.1010, 7220.90.1090, and 7220.90.9000.
The Korea Trade Commission has decided to impose anti-dumping (AD) duties on flat-rolled products of stainless steel originating in China, Indonesia, and Taiwan, for a period of five years.
According to the ruling, the final dumping duty rate for China’s TISCO was set at 23.69%, that for LISCO was 25.82%, and that for all other China’s producers and exporters was 24.83%. Indonesia’s Tsingshan and all others received a duty rate of 25.82%. Taiwan’s YUSCO and Walsin Lihwa were assigned with 9.47% and 7.17%, respectively. Taiwan’s other producers and exporters were subject to a rate of 9.07%.
The initial AD investigation was launched in September 2020.
