[Ministry of Commerce: Chinese and Korean industries believe replacing anti-dumping duties with price commitments aligns with the interests of both industries] A spokesperson for the Ministry of Commerce responded to questions regarding the price commitment agreement reached between China and South Korea in the anti-dumping case on hot-rolled steel sheets. A reporter asked: Recently, in the final ruling of South Korea's anti-dumping case on China's hot-rolled steel sheets, both sides reached a price commitment agreement. What is the spokesperson's comment on this? Answer: On February 23, 2026, in the final ruling of South Korea's anti-dumping case on China's hot-rolled steel sheets, South Korea announced that it had reached an agreement with China on a price commitment plan. The industries of both China and South Korea welcomed this, believing that replacing anti-dumping duties with price commitments aligns with the interests of both industries and helps enhance the stability and predictability of steel trade between China and South Korea. (Ministry of Commerce)