【SMM Steel】China, S.Korea reach price undertaking on hot-rolled plate

Published: Feb 25, 2026 14:12

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【SMM Steel】On Feb 23, 2026, South Korea ended its AD probe into Chinese hot-rolled steel by accepting a price undertaking, replacing duties with a price commitment. This brings trade stability. The probe began in March 2025 after dumping claims. The deal avoids extra tariffs, protecting both industries. Goods under HS codes 7208.51.1000, 7208.51.9000, 7208.52.1000, 7208.52.9000, 7225.40.9010, 7225.40.9091, 7225.40.9099.

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