[SMM brief Review] South Korea extends anti-dumping duty on Japanese stainless steel plates for the second time

SMM7 21: July 14, 2020, South Korea's Ministry of Strategic Finance issued notice No. 2020-108. according to South Korea's Strategic Ministry of Finance Resolution No. 801, it decided to extend the anti-dumping duty on imported stainless steel plates originating in Japan for the second time, valid for three years.

According to SMM, Japan's crude steel output decreased significantly in July compared with the previous month. On the one hand, it was affected by the epidemic in the first half of 2020 and the economic recovery lagged behind after the epidemic in the third to fourth quarters. On the other hand, South Korea's extension of anti-dumping duties on Japanese plates increased the adverse impact of Japanese exports.

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