South Korea removes AD duties on stainless steel bars from Japan, India & Spain
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Update time : 2024-01-24 20:12:30
South Korea will terminate nearly 20 years of anti-dumping duties on imports of stainless steel bars from India, Japan, and Spain. The tariffs have been in effect since July 30, 2004, and will end on January 22, 2024.
Since the imposition of anti-dumping duties, South Korea's imports of stainless steel bars from the above countries have declined sharply, and the competitiveness of the domestic industry has been put on the track of recovery due to internal and other efforts. The ranges of tariff elimination for stainless steel bars were 3.51%-15.39% in India, 15.39% in Japan and Saipan.
