Korea May Collect Anti- Dumping Tariff to H Steel Sections from China

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Korea May Collect Anti- Dumping Tariff to H Steel Sections from China

According to the report, the International Trade Committee has taken a anti- dumping investigation to H steel sections with China origin on request of domestic steel enterprises. The quantity of steel imported from China is increasing, which makes the price and market share of Korea domestic steels be in lowing. Which someone predicts that it is possible that Korea government will take action to collect according tariff to H steel sections from China.

In 2013 and 2014, the imported quantity of H steel sections has a rapid rising accompanying with lower price. Which take Korea domestic products’ price reduced under the pressure from market. Korea government is waiting for the final result of the investigation to take some measure to improve this status.

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