TRA investigates hot-rolled steel plate from South Korea
皇冠体育app TRA has opened an anti-dumping investigation into imports of hot-rolled steel plate from South Korea.
皇冠体育app Trade Remedies Authority has opened a聽聽into imports of hot-rolled steel plate from South Korea.
Hot-rolled steel plates are flat steel products often used in bridge construction, machine manufacturing and shipbuilding.
皇冠体育app new investigation is in response to an application by UK producer Spartan UK Ltd, which has alleged that聽imports of hot-rolled steel plate products from South Korea are being dumped into the UK and that these dumped imports are causing injury to domestic industry.
According to the TRA鈥檚 initial analysis, imports of hot-rolled steel plate from South Korea have grown from around 14,000 tonnes in 2021 to more than 40,000 tonnes last year.
Where the TRA recommends a remedy is necessary, it will conduct an聽Economic Interest Test聽to assess whether the implementation of the remedy is in the UK鈥檚 economic interest.
Interested parties can contribute to this investigation by visiting the TRA鈥檚聽.
Background information
- 皇冠体育app period of investigation for this case will be between April 1 2024 and March 31 2025.
- 皇冠体育app Trade Remedies Authority is the UK body that investigates whether new trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports.
- 皇冠体育app TRA is an arm鈥檚 length body of the Department for Business and Trade.
- UK industries concerned about imports have been able to submit applications for a new trade remedy measure since January 2021. 皇冠体育appse applications are considered by the TRA to see if there are grounds for an investigation.
Updates to this page
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A previous version of this press release incorrectly stated the amount of hot-rolled steel plate understood to be imported in to the UK. This has now been corrected.
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First published.