Ministry of Commerce: China and South Korea's industries believe that replacing anti-dumping duties with price commitments aligns with the interests of both countries' industries

2026-03-02 00:41:27

The spokesperson for the Ministry of Commerce answered a reporter’s question regarding the price commitment agreement reached between China and South Korea in the anti-dumping case of hot-rolled coil. A reporter asked: Recently, in the final ruling of South Korea’s anti-dumping case against China for hot-rolled coil, China and South Korea reached a price commitment agreement. What is the spokesperson’s comment on this? Answer: On February 23, 2026, South Korea announced that it had reached an agreement with China on a price commitment plan in the final ruling of the anti-dumping case against China for hot-rolled coil. The China-Korea industry sectors welcomed this, believing that replacing anti-dumping duties with price commitments aligns with the interests of both countries’ industries and helps enhance the stability and predictability of China-Korea steel trade. (Ministry of Commerce)

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