🚨 Korea Just Made a Decision on Chinese Steel Plate Tariffs – Your Asia Supply Chain Just Got More Expensive

The trade walls in Asia are closing fast – and Korea just added another brick.

On July 20, 2026, Korea‘s Ministry of Trade, Industry and Energy officially announced its decision on anti-dumping duties for Chinese steel plate products. While the final rates are still being finalized, this marks yet another major Asian market locking Chinese steel out with tariff barriers.

 Korea imposed final anti-dumping duties of 28.16% to 33.10% on Chinese carbon and alloy steel hot-rolled plates and coils on June 23, 2026. The duties cover 36 tariff codes under HS 7208, 7211, 7225, and 7226. Six Chinese companies, including Baoshan Iron & Steel and Bengang Steel Plates, were granted price commitments and are exempt from the duties.

 Korea imposed provisional anti-dumping duties of 22.34% to 33.67% on Chinese galvanized cold-rolled steel, effective June 12 to October 11, 2026.

And Korea is not alone. Japan imposed provisional anti-dumping duties on Chinese stainless steel on July 8, 2026. Vietnam‘s hot-rolled steel duties (23.1% to 27.8%) are locked in for five years. Australia’s flat-rolled steel duties range from 9.4% to 51.2%.

Every new Korean tariff adds cost to your Asian supply chain. If you export steel plate or hot-rolled products to Korea, your costs just went up – or will go up very soon. The window to ship at current rates is closing fast.

📩 Contact CNB Group today. We track every Asian trade action in real time and can help you redirect your supply before the next tariff hits.