Japan, South Korea Eye Anti-Dumping Action on China Steel Goods
- Concerns have grown globally about cheaper Chinese goods
- Four major suppliers to be investigated, South Korea says
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Japan and South Korea are the latest countries to target Chinese steel products with anti-dumping measures, amid a growing backlash across the world against the country’s cheaper commodities.
Japan’s Ministry of Economy, Trade and Industry is seeking to broaden the scope of anti-dumping duties to cover Chinese steel among other products routed via third countries. Meanwhile, South Korea said Thursday it has launched an anti-dumping probe into imports of stainless steel plates made in China.