[SMM Focus: South Korea Continues to Impose Anti-Dumping Measures on Stainless Steel Plate and Coil from China] On May 16, 2025, the Ministry of Strategy and Finance of South Korea issued Order No. 1126, continuing to impose anti-dumping duties for a period of five years on flat-rolled products of stainless steel with a thickness not exceeding 8 millimeters originating from the Chinese mainland, Indonesia, and Taiwan, China (see Appendix I for details). The anti-dumping duty rates for the Chinese mainland range from 23.69% to 25.82%. Meanwhile, the Ministry of Strategy and Finance reached price undertakings with some suppliers (see Appendix II for the list of suppliers), and anti-dumping duties will not be imposed on suppliers that fulfill their price undertakings.

Shanxi Taigang Stainless Steel Co. raised purchase price for high-carbon ferrochrome in June 2023.