Japan’s Ministry of Economy, Trade and Industry (METI), in cooperation with the Ministry of Finance, has initiated an antidumping duty (AD) investigation on hot dip galvanized (HDG) steel coils, sheets, and strips imported from South Korea and China.
The investigation follows a petition from Nippon Steel Corporation, Nippon Steel Coated Sheet Corporation, Kobe Steel, and Yodogawa Steel Works, who allege that imports were being sold at dumped prices, causing material injury to the domestic industry and hurting company profits.
Data from METI shows that between April 2021 and September 2024, import volumes from South Korea increased 75.7% to 358,093 mt, and from China by 26.5% to 304,657 mt, expanding foreign market share in Japan.
The probe is expected to be completed within one year.
VietnamSteel by Hoa Sen Group
