Metro

Japan initiates anti-dumping probe into hot-dip galvanized steel imports from China and South Korea amid domestic industry concerns

Share
Share

Japan has an anti-dumping into hot-dip from and Korea, following a petition filed by domestic steel producers, including Nippon Steel and Kobe Steel. The petitioners allege that the influx of cheaper imports has led to a decline in domestic demand and forced them to reduce . Hot-dip galvanized steel, commonly used in construction for outdoor applications, is the focus of this probe. The investigation excludes imports from Hong Kong and Macau.

The Ministry of , Trade and Industry (METI) and the Ministry of plan to complete the investigation within a year. They will assess whether the imports are being sold at unfairly low prices and if such practices have caused material injury to the domestic industry. Based on the findings, the Japanese government will decide whether to impose anti-dumping duties on the products under investigation.

  Marshall Islands suspends search for missing sea ambulance and crew after exhaustive efforts

Tadashi Imai, chairman of the Japan Iron and Steel Federation and of Nippon Steel, emphasized that the investigation is conducted fairly and independently in with World Trade Organization (WTO) to address unfair import practices. He also warned that protectionism could expose Japan to harmful, low-cost steel imports that threaten domestic steel manufacturing.

This move by Japan reflects a broader trend in the region, where countries are taking protective measures against what they perceive as unfair trade practices in the steel industry. For instance, in February 2025, South Korea imposed provisional of up to 38% on steel plates after an investigation into alleged dumping.

  Peers urge FCA to shorten UK car finance redress scheme period

The Japanese government’s to this anti-dumping probe underscores its commitment to safeguarding domestic industries from unfair trade practices and ensuring a level playing field in the global .

Share
Written by
QncNews

Covering Entertainment, Politics, World News, Sport News, Crimes, Conflict, Metro, Economy & Business News

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Metro

Marshall Islands suspends search for missing sea ambulance and crew after exhaustive efforts

The Republic of the Marshall Islands has suspended the search for a...

Metro

Peers urge FCA to shorten UK car finance redress scheme period

Members of the UK House of Lords have urged the Financial Conduct...

Metro

At least 86 people have died after a boat carrying 200 migrants sank off the coast of Shuqrah, Yemen.

A tragic incident occurred off the coast of Shuqrah, Yemen, when a...