The South Korean Ministry of Economy and Finance has announced the final imposition of five-year anti-dumping duties on hot-rolled thick steel plates imported from China.

Duty Rates & Affected Suppliers

    The duties are based on a finding by the Korea Trade Commission that dumped Chinese imports caused material injury to the domestic industry. The definitive duty rates vary by supplier:

• 27.91%: Baoshan Iron & Steel

• 29.62%: Jiangsu Shagang

• 32.32%: Hunan Valin Xiangtan

• 34.10%: Sino International, Xiamen ITG, and other cooperating/ non-listed suppliers

Product Scope & Key Exemptions

• Targeted Products: The measures apply to carbon and alloy steel hot-rolled thick plates with a thickness of ≥4.75 mm and a width of ≥600 mm, not in coil form (specific HS codes apply).

• Major Exclusions: Notably, the duties exclude several categories of high-end steel plate, including:

• Products meeting specifications ASME SA516-70 (thickness ≥134mm), SA299 Grade B (thickness ≥50mm), and SA302 Grade B/C.

• Certain high-strength plates for engineering machinery, such as NM400/500 and EN 10025-6 S890Q, S960QL, that meet specific property requirements.