The anti-dumping case of hot-rolled coils between China and South Korea has experienced a 'soft landing'On February 23rd, South Korea announced an agreement with China on a price commitment plan in the final ruling of the anti-dumping case concerning hot-rolled coils from China. The industries in both China and South Korea welcomed this, believing that replacing anti-dumping duties with price commitments aligns with the interests of both countries' industries and helps enhance the stability and predictability of China-South Korea steel trade.
In response, the spokesperson for China's Ministry of Commerce stated that China and South Korea have close economic ties, deeply intertwined industrial and supply chains, and mutually beneficial cooperation. This case's 'soft landing' demonstrates mutual respect, understanding, and consideration of each other's concerns between China and South Korea, sending a positive signal for consolidating and deepening bilateral economic and trade cooperation.
South Korea initiated an anti-dumping investigation on hot-rolled coils originating from China and Japan on March 4th, 2025. During the response process, the China Iron and Steel Association (hereinafter referred to as CISA)
Created on 03.11, Updated on 03.11