South Korea plans to launch an antidumping investigation into stainless steel plates imported from China after a local company claimed that cheap imports have damaged the domestic market, the industry ...
Amidst rising steel imports over the past few years, concerns have been raised by the local industry about the dumping of cheap steel in India, particularly by China, Vietnam, and South Korea.
"If China, producing cheap steel without renewable or clean energy, floods the global market, it will most adversely affect us, the democratic countries playing by fair market rules," Koizumi said.
JAPAN and South Korea are the latest countries to target Chinese steel products with anti-dumping measures, amid a growing backlash across the world against the country’s cheaper commodities. Read ...