China's stainless steel prices rise despite emergence of S Korean duties

July 30, 2021 / www.metalbulletin.com / Article Link

China's stainless steel market was unaffected by anti-dumping duties that emerged from South Korea in the past week, with prices rising amid tightening supply and costlier raw materials.

The Korea Trade Commission on July 22 said it would impose anti-dumping duties of 7.17-25.82% on stainless flat-rolled steel products from mainland China, Taiwan and Indonesia.
The rates are as follows:
Mainland China
Taiyuan Iron & Steel: 23.69%Lianzhong Stainless Steel: 25.82% All other mills: 24.83%
Taiwan
Yieh United Steel: 9.47% Walsin Lihwa: 7.17%All other mills: 9.07%
Indonesia
All mills: 25.82%
Domestic
Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 19,900-21,000 ($3,061-3,230) per tonne, up by 900 yuan per tonne from a week earlier

The recently announced South Korean duties will make it harder for Chinese stainless steel to be exported...

Recent News

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com

US regional bank slump goes global, driving market into gold

October 20, 2025 / www.canadianminingreport.com

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok