China will maintain anti-dumping duties on stainless steel billets and hot-rolled stainless steel plates and coils from the EU, the UK, South Korea, and Indonesia for another five years, beginning July 1, 2025. The Ministry of Commerce announced the extension on June 30, citing continued harm to the domestic industry if the measures were lifted.
The duty rates remain unchanged from previous rulings. Producers from the EU and the UK will continue to face a 43% duty. South Korean steelmaker POSCO is subject to a 23.1% rate, while all other South Korean exporters face a 103.1% levy. Indonesian companies will be taxed at 20.2%. The scope of the measures includes products under HS codes ranging from 72189100 to 72223000. However, items under HS code 72223000 not classified as stainless steel billets or hot-rolled coils are excluded.
These duties were initially introduced to counter unfair pricing practices and support China’s domestic stainless steel sector. Stainless steel billets serve as the raw material for a range of downstream products in construction and manufacturing. The decision to extend the duties reinforces Beijing’s protectionist stance amid global trade tensions and sluggish industrial recovery.