--- title: "South Korea’s steel market pushes back on China yet harder." description: "On 23 October, South Korea’s trade commission recommended five years of anti-dumping duties of 22.34–33.67% on Chinese galvanised cold-rolled steel, alongside minimum-price agreements with ten Chinese" url: "https://bilby.ai/predictions/p/187/south-korea-s-steel-market-pushes-back-on-china-yet-harder" markdown: "https://bilby.ai/predictions/p/187/south-korea-s-steel-market-pushes-back-on-china-yet-harder.md" index: "https://bilby.ai/llms.txt" --- > For agents: Bilby answers questions about what governments do, from documents collected at source and checked by research analysts. To ask Bilby yourself, connect to its MCP server at https://pulse.bilby.ai/mcp (setup: https://docs.bilby.ai/developers/mcp-server). Every page on this site is also markdown: add .md to its address, or send Accept: text/markdown. https://bilby.ai/llms.txt lists them all. # South Korea’s steel market pushes back on China yet harder. - **Made:** 26 Oct 2026 - **By:** Owen Bae - **Market:** South Korea - **Outcome:** Unresolved On 23 October, South Korea’s trade commission recommended five years of anti-dumping duties of 22.34–33.67% on Chinese galvanised cold-rolled steel, alongside minimum-price agreements with ten Chinese exporters. By limiting cheap imports, the measures would allow local producers Dongkuk CM, KG Steel and SeAH CM to regain some market share, earning an additional US$65–95 million in operating profit over the next 12 months. Major South Korean conglomerates will see little impact on costs because they already source most of their steel domestically or from Japan. Chinese steel mills will be looking to dump excess capacity elsewhere — likely the Philippines and Indonesia. [Ask Bilby about this prediction](https://pulse.bilby.ai/?prompt=South%20Korea%E2%80%99s%20steel%20market%20pushes%20back%20on%20China%20yet%20harder.) ## Ask Bilby about it Carry the prediction into a question: what has changed since, who decides, and who is exposed. - [What has changed since it was made?](https://pulse.bilby.ai/?prompt=What%20has%20changed%20since%20Bilby%20predicted%20this%3F%20South%20Korea%E2%80%99s%20steel%20market%20pushes%20back%20on%20China%20yet%20harder.) - [Who decides whether it happens?](https://pulse.bilby.ai/?prompt=Who%20decides%20whether%20this%20happens%3F%20South%20Korea%E2%80%99s%20steel%20market%20pushes%20back%20on%20China%20yet%20harder.) - [Who gains and who loses if it does?](https://pulse.bilby.ai/?prompt=Who%20gains%20and%20who%20loses%20if%20this%20happens%3F%20South%20Korea%E2%80%99s%20steel%20market%20pushes%20back%20on%20China%20yet%20harder.) ## More from South Korea 27 predictions on South Korea so far, newest first. - 4 Nov 2026 · [Rhythm Pharmaceuticals is likely to exceed US$750 million in rare-obesity drug sales in 2027, more than double the annual sales pace implied by its third-quarter 2026 results.](https://bilby.ai/predictions/p/203/rhythm-pharmaceuticals-is-likely-to-exceed-us-750-million-in-rare-obesity-drug-s) · Unresolved - 27 Oct 2026 · [Washington’s South Korean advanced memory chipmaker anti-China restrictions will hit Samsung much harder than Beijing.](https://bilby.ai/predictions/p/188/washington-s-south-korean-advanced-memory-chipmaker-anti-china-restrictions-will) · Unresolved - 21 Oct 2026 · [Samsung Electronics will secure at least KRW 1 trillion (US$700 million) in state-backed supplier loan guarantees by 30 June 2027.](https://bilby.ai/predictions/p/176/samsung-electronics-will-secure-at-least-krw-1-trillion-us-700-million-in-state-) · Unresolved [All 27 from South Korea](https://bilby.ai/predictions/log?tag=south-korea) · Marked true or false when each resolves ## See what we’re seeing next. New predictions in the Asia Daily Take, free every weekday, and in Bilby whenever you have a question. [Get the Asia Daily Take](https://bilby.ai/asia#asia-daily-take) · [Try Bilby](https://pulse.bilby.ai/sign-up)