The United States has decided to impose antidumping duties of up to 48 percent on imports of corrosion-resistant steel from South Korea and up to 451 percent on such imports from China.
 
According to a metals-related media site, Metal Miner, on Wednesday, the U.S. Department of Commerce decided to slap tariffs on imports of corrosion-resistant steel from South Korea, China, India, Italy and Taiwan.
 
With the decision, South Korea will face antidumping duties of eight-point-seven to 48 percent. The figures are higher than the maximum of three-and-a-half percent in import tariffs mentioned during a preliminary ruling.
 
The Department of Commerce launched a probe a year ago after U.S. steelmakers raised allegations that South Korea and China, among other countries, illegally dumped corrosion-resistant steel in the U.S.