South Korea initiates anti-dumping investigation against China-related stainless steel coils and sheets
On September 17, 2020, the Korea Trade Commission issued Announcement No. 23-2020-3, stating that, in response to applications submitted by domestic Korean companies, flat-rolled products of stainless steel (Flat-rolled Products of Stainless Steel) imported from China, Indonesia, and Taiwan Steel) initiated an anti-dumping investigation. The Korean tax numbers of the products involved are 7219.12.1010, 7219.12.1090, 7219.12.9000, 7219.13.1010, 7219.13.1090, 7219.13.9000, 7219.14.1010, 7219.14.1090, 7219.14.9000, 7219.22.1010, 7219.22.1090 , 7219.22.9000, 7219.23.1010, 7219.23.1090, 7219.23.9000, 7219.24.1010, 7219.24.1090, 7219.24.9000, 7219.31.1010, 7219.31.1090, 7219.31.9000, 7219.32.1010, 7219.32.1090, 7219.32 .9000, 7219.33.1010, 7219.33.1090, 7219.33.9000, 7219.34.1010, 7219.34.1090, 7219.34.9000, 7219.35.1010, 7219.35.1090, 7219.35.9000, 7219.90.1010, 7219.90.1090, 7219.90.9000 , 7220.11.1010, 7220.11.1090, 7220.11.9000, 7220.12.1010, 7220.12.1090, 7220.12.9000, 7220.20.1010, 7220.20.1090, 7220.20.9000, 7220.90.1010, 7220.90.1090 and 7220.90.9000. The products involved do not include stainless steel coils with a thickness greater than 8 mm and steel products of the American Society for Testing Materials (ASTM) S31254 and N08367 standards. The dumping investigation period in this case is from January 1, 2019 to December 31, 2019, and the damage investigation period is from January 1, 2017 to December 31, 2019. The result of the preliminary ruling is expected to be made 3 to 5 months from the date the case is opened and published in the official gazette.