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Seoul opts for antidumping duties on Chinese, Japanese steel for industry relief
Seoul opts for antidumping duties on Chinese, Japanese steel for industry relief SEOUL, February 24 (AJP) - South Korea's shipbuilders enjoy heyday on robust orders and backlog, but they had limited trickle-down effect on steelmakers at home as they struggled with the flood of cheaper Chinese and Japanese imports. The government stepped in for relief as the industry undergoes stringent cost-saving streamlining to survive a global glut, a protectionist environment and the U.S. 50-percent tariff on steel imports. On Monday, it warned of antidumping duties o February 24, 2026