15,040.25 TRY BIST 100 BIST 100
45.27 USD USD USD
6.69 CNY CNY CNY
53.23 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.70 TRY Interest Interest
101.23 USD Fossil Oil Fossil Oil
6.27 USD Copper Copper
117.30 USD Silver Silver
110.36 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,889.93 TRY Gold (gr) Gold (gr)
111.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Anti-dumping decision from the USA against South Korean TCC Steel

The U.S. government has determined that tin-plated rolling products from South Korea and China constitute unfair competition.

Anti-dumping decision from the USA against South Korean TCC Steel

The U.S. Department of Commerce has found several companies from Canada, China, Germany and Korea guilty of unfair competition in the pricing of tin-plated rolling products often used to produce food cans and a variety of other products.

In addition, the Ministry of Commerce determined the tax rates applied to products coming from these countries. Tin-plated rolling products from China were subject to a significant dumping duty of 122.52 percent. A tax of 5.27 percent will be applied to Canada, 6.88 percent to Germany and 2.69 percent to South Korea.

Interestingly, South Korea was not initially included in the investigation in the preliminary ruling made in August. However, in the final decision, the country's TCC Steel faced a 2.69 percent tax.

The Ministry of Commerce announced that the Korean company made changes to the materials after the preliminary decision, and this also caused changes in the dumping calculations made by the ministry.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Trump gives the EU deadline for a trade agreement

Friday, May 8, 2026

thyssenkrupp Steel appoints Georgios Giovanakis to the Management Board as CSO

Friday, May 8, 2026

Tenaris appoints Gabriel Podskubka as CEO

Friday, May 8, 2026

Ezz Flat Steel signs agreement with Danieli for QSP modernization in Ain Sokhna

Friday, May 8, 2026

U.S. steel import permit applications increased by 8.1% in April

Friday, May 8, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now