Korea to bar China's steel dumping via 3rd countries
The government will prohibit foreign steelmakers from circumventing Korea's antidumping regulations by exporting their products through a third country — a measure that is widely believed to target Chinese companies. The measure will require steelmakers to present more detailed information about the origins of their products, and will strengthen monitoring by relevant authorities. The government began a process to revise relevant ordinance for the new regulations. The series of regulations, announced on Wednesday, are countermeasures against risks facing the domestic steel industry, which has already been affected by Washington's imposition of universal 25 percent metal tariffs starting March 12. Under the new rules, mill test certificates showing more detailed information about the origin of steel products will be required for distributing those products in the domestic market. Additionally, a special team of 56 employees from the Korea Customs Service will conduct intensive crackdowns on the distribution of illegally imported steel products by the end of next month. "Due to uncertain
Mar 19, 2025By Park Jae-hyuk
