South Korea is considering imposing anti-dumping duties on imports of hot-rolled steel from China and Japan amid concerns over unfair pricing practices. The move follows a formal investigation into whether the low-cost imports are undercutting domestic producers and threatening the health of South Korea’s steel industry.
Domestic manufacturers have raised alarms about the growing volume of competitively priced foreign steel, which they argue is sold below production cost. The government’s decision could affect trade flows across East Asia and raise tensions with two of its largest trading partners.
As South Korea navigates economic recovery and industrial competitiveness, the potential duties reflect a broader shift toward protecting strategic industries. A final decision is expected in the coming months, with stakeholders closely watching the outcome and its implications for regional trade dynamics.
Vietnam Steel by Hoa Sen Group
