SMM: according to market news, South Korea will start anti-dumping on stainless steel imports from China and Indonesia from August. However, considering the continuation of the domestic industrial chain, immunity will be granted to some enterprises.
According to SMM statistics, China exported about 430000 tons of stainless steel coil to South Korea in 2019, accounting for 12% of the total stainless steel exports. It is reported that another 20,000 to 30,000 tons of stainless steel from Aoyama in Indonesia are exported to South Korea.
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