Cold rolled stainless steel - Korea investigates anti-dumping measures

05/06/2024 04:45 - 570 Views

On May 31, 2024, Trade Remedies Authority of Vietnam received information that the Korean Trade Commission initiated an anti-dumping investigation on cold rolled stainless steel originating or imported from Vietnam, specifically:

 

I. Relevant information

 

1. Date of initiation of investigation: May 30, 2024

 

2. Item under investigation: Cold rolled stainless steel

 

HS code: 7219.31.1010, 7219.31.1090, 7219.31.9000, 7219.32.1010, 7219.32.1090, 7219.32.9000, 7219.33.1010, 7219.33.1090, 7219.33.9000, 7219.34.1010, 7219.34.1090, 7219.34.9000, 7219.35.1010, 7219.35.1090, 7219.35.9000, 7219.90.1010, 7219.90.1090, 7219.90.9000, 7220.20.1010, 7220.20.1090, 7220.20.9000, 7220.90.1010, 7220.90.1090, 7220.90.9000

 

3. Period of investigation: 

 

- Period of Investigation (Dumping): January 01 - December 31, 2023.

 

- Period of Investigation (Injury): January 01 - December 31, 2023.

 

- Investigation period before extension: October 30, 2024 - March 29, 2025. Under the original schedule, the KTC was expected to issue the Final Determination in March 2025.

 

- Investigation period after extension: October 30, 2024 - May 02, 2025. Under the revised schedule, the KTC is expected to issue the Final Determination on May 02, 2025.

 

4. Plaintiff: POSCO Limited Liability Company

 

5. Preliminary determination:

 

On 17 October 2024, the KTC published the Preliminary Determination of the investigation. Accordingly, the KTC determined dumping margins for the mandatory respondents from Viet Nam ranging from 3.66% to 11.37%, while other Vietnamese exporters were subject to an all-others rate of 4.79%.

 

6. Final determination:

 

The KTC determined the final dumping margins for the two mandatory respondents from Viet Nam at 18.81% (an increase of 15.15 percentage points compared with the Preliminary Determination) and 11.37% (unchanged from the Preliminary Determination), respectively.

 

Other Vietnamese exporters are subject to a final all-others rate of 11.37% (an increase of 6.58 percentage points compared with the Preliminary Determination).

 

II. Case calendar 

 

Date

Timeline

May 30, 2024

The Korea Trade Commission initiated investigation

Oct 17, 2024

Preliminary Determination: dumping margins ranged from 3.66% to 11.37%.

Apr 24, 2025

Final Determination: dumping margins ranged from 11.37% to 18.81%.

 

The case documents are attached below: 

Tải tài liệu
Initiation notice (Unofficial translation version)
Initiation notice (Korean)
Final Determination (Korea)
Final Determination (Eng)
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