【SMM Steel】South Korea's KTC on Feb 23, 2026, requested five-year AD duties on Chinese and Japanese hot-rolled steel after an affirmative final ruling. Rates: China 28.16-33.10%, Japan 31.58-33.43%. Price undertakings were approved for some firms. Products covered under numerous HS codes.

【SMM Steel】The USDOC completed an AD review on Dutch hot-rolled steel flats. For the Oct 1, 2023 - Sep 30, 2024 period, Tata Steel IJmuiden BV sold goods below normal value, receiving a 5.67% dumping margin. CBP will get assessment instructions within 35 days. Products include certain hot-rolled flat products, with/without patterns, coated with non-metallic substances, excluding metal-clad, plated, or coated. Includes coils ≥12.7 mm wide, and non-coil products under 4.75 mm thick and ≥12.7 mm wide.

On March 1, Shagang released its latest ex-factory price for hot-rolled steel. The specific details are as follows: the price of Q235B hot-rolled coil remained unchanged from the previous period. The current price of Q235B 5.75*1500*C hot-rolled coil is 3,500 yuan/mt. All adjustments include taxes and took effect starting from March 1, 2026. [SMM Steel]

【SMM Steel】On Feb 23, 2026, South Korea ended its AD probe into Chinese hot-rolled steel by accepting a price undertaking, replacing duties with a price commitment. This brings trade stability. The probe began in March 2025 after dumping claims. The deal avoids extra tariffs, protecting both industries. Goods under HS codes 7208.51.1000, 7208.51.9000, 7208.52.1000, 7208.52.9000, 7225.40.9010, 7225.40.9091, 7225.40.9099.

SMM Steel, February 24 – According to SMM statistics, the estimated total shipments to mainstream markets this week reached 302,700 mt, up 50.90% WoW. By market:

> SMM Cold Rolling Production Schedule: Daily average cold rolling production schedule at steel mills increased 3% in February According to the latest SMM tracking, the total planned volume of cold rolled commodity materials from 31 mainstream steel mills this month was 3.8755 million mt, down 278,300 mt MoM from the actual production of cold rolled commodity materials last month, a decrease of 6.7%.