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S.Korea targets Chinese steel


South Korea's trade regulatory authority has made a ruling in its anti-dumping investigation into Chinese low-carbon steel wire and has proposed anti-dumping duties of between 4.43 percent and 15.71 percent on various Chinese exports, according to a statement from China's Ministry of Commerce on Monday.

The statement did not include details of China's stance on the South Korean ruling.

Chinese low-carbon steel wire had a market share of 70 percent in South Korea in 2016, according to media reports.

Source:Global Times