On April 24, South Korea s Ministry of Trade, Industry and Energy announced that the country s trade regulatory body has decided to impose anti-dumping duties on cold-rolled stainless steel products from two Vietnamese companies.

The Korea Trade Commission (KTC) said that the final decision recommends the Ministry of Finance to impose a tariff of 18.81% on stainless steel products imported from Yongjin Metal Technology Co., a Vietnamese company, and a tariff of 11.37% on stainless steel products imported from TVL Joint Stock Co., for the next five years.