China’s Ministry of Commerce (MOC) has announced the extension of antidumping duties on imports of stainless steel billets and hot rolled stainless steel plates from the European Union, the United Kingdom, South Korea, and Indonesia. The decision follows an expiry review initiated in July 2024, which examined trade activity from January 1 to December 31, 2023. The renewed measures will remain in effect for another five years starting July 1.

The MOC concluded that removing the existing duties would likely lead to a resurgence of dumped imports, causing material injury to China’s domestic stainless steel industry. As a result, the current antidumping tariffs will remain unchanged. Imports from the EU and the UK will continue to face a 43.0 percent duty. South Korean steelmaker POSCO will be subject to a 23.1 percent duty, while other South Korean producers will face a significantly higher rate of 103.1 percent. Indonesian exporters will continue to be taxed at a rate of 20.2 percent.

This move underscores China’s commitment to protecting its domestic steel sector from unfair trade practices and maintaining a level playing field amid ongoing global trade tensions and overcapacity concerns in the steel industry.