This Is The Second Time That South Korea Has Imposed Taxes On Japanese Imported Stainless Steel Sheets

South Korea decided to extend the anti-dumping duty on imported stainless steel sheets originating in Japan for the second time, with a validity period of three years.

A few days ago, the Ministry of Strategic Finance of South Korea issued Announcement No. 2020-108 in accordance with Resolution No. 801 of the Ministry of Strategic Finance of South Korea.

• On April 29, 2010, South Korea initiated an anti-dumping investigation against stainless steel sheets originating in Japan.
• On July 15, 2019, South Korea initiated the second anti-dumping sunset review investigation against stainless steel sheets originating in Japan.
• On March 19, 2020, the Korea Trade Commission made the final ruling of the second anti-dumping sunset review on Japanese stainless steel sheets, and proposed to extend the anti-dumping duties of the products involved in the case.

About Stainless Steel Sheet

Stainless Steel is ideal to withstand harsh and tough condition because they are strong in nature. When there is a need of higher resistivity for tolerating both internal and external pressure, the use of steel sheet is appreciable and beneficial. This process goes into making at room temperature as these are supposed to work for hardening and strengthening the material. They have capacity to withstand wrong alignment, temperature variations, stress and unfortunate bending.

Stainless steel sheets with high flexibility, elasticity and cost effectiveness is ideal for transmission of fluids from one place to another. It is able to work in extreme corrosive conditions effectively. Basically, the steel sheets are ideal as it features extreme durability, high elasticity and tensile strength.

Posted by stainless steel pipe fittings supplier Kaysuns