【SMM Steel】UK TRA proposes targeted AD measures on S.Korea's hot rolled steel plates
【SMM Steel】The UK TRA released an SEF for interim findings on an AD investigation into S.Korean hot rolled steel plates. The TRA prefers imposing duties only on plates >600mm but <2500mm wide, not the full >600mm scope, due to an Economic Interest Test. Full scope duties would hurt downstream UK industries (renewables, shipbuilding) that depend on imports. Narrow plates are produced domestically. Proposed duties: 7.04-22.27% for narrow plates vs 5.98-24.28% for full scope. Public comments due by May 21, 2026. The injury period: Apr 1, 2021 - Mar 31, 2025; investigation period: Apr 1, 2024 - Mar 31, 2025.