Dongkuk Steel Mill manufactures shipbuilding plates at its Pohang mill. /Courtesy of Dongkuk Steel Mill

The Ministry of Trade, Industry and Energy's Trade Commission has decided to recommend the imposition of provisional anti-dumping tariffs on stainless steel plates from China. The authority to decide on the tariff imposition rests with First Vice Minister and Minister of Ministry of Strategy and Finance Choi Sang-mok.

On the 16th, the Ministry held the 456th Trade Commission meeting to review five agenda items.

As a result of the review, it was preliminarily determined that the domestic industry has suffered due to dumping imports of "stainless steel plates from China," which were requested for consideration by DK, Inc. To prevent potential damage during the main investigation period, a recommendation to impose a provisional anti-dumping tariff of 21.62% will be made to the Ministry of Strategy and Finance.

In addition, it was decided to initiate an investigation into unfair trade practices regarding four cases, including "patent infringement of drill sets for implants," "design rights infringement of fishing clips," and "trademark infringement of tents and sleeping bags" (two cases).

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