China may reduce anti-dumping rates on CR imports from Korea
Chinese government is reported to be considering to lower anti-dumping duties implemented back in May ranging between 9-15% on cold rolled imports from
Korea below 9%.
According to reports from the industry
China, which is currently discussing the issue, will decide on whether to reduce duties on subject imports from
Korea or not, within a very short time depending on review results regarding the import duties. It is also declared that new duties for Korean imports is expected to range between 3-9% which will be accepted according to
Korea Iron&Steel Association's statement.