Some South Korean media continue to stigmatize Chinese products recently. South Korea's "East Asia daily" headline on the 21st was titled "China's fake steel threatens my home", calling all steel imported from China "unqualified fake" and saying that China's steel threatens South Korea's construction safety. However, according to people familiar with the trade between China and South Korea, South Korean steel companies recently suffered from antitrust investigations in Europe and the United States, and began to attack Chinese steel companies after their exports were blocked, with impure motives, according to the global times East Asia Daily reported that a steel processing plant in the capital city of China had a sign saying "no admittance" and many 12-15 mm thick H-shaped steel was piled up on the construction site. Although modern iron products are placed in conspicuous places outside, all kinds of "made in China" steel and "severely corroded and unknown" steel can be seen everywhere. The steel will be processed and sent to various construction sites in South Korea.

According to the report, China's "fake steel" disguised as South Korea's products and China's "fake steel" with substandard specifications have entered the market of South Korea, which seriously threatens the safety of South Korea's social construction. Most of the steel produced in China is used in small-scale construction sites that are not strictly regulated. China's steel market share in South Korea reached 23% in the first half of this year According to the report, on the 24th of last month, an area of 2.5m-thick Chinese made H-shaped steel was piled up at the No.3 wharf of Incheon. "These steel products come from Hebei Province, with various trademarks and increasing imports," said a South Korean steel company employee. The above-mentioned people familiar with China South Korea trade told the global times that under the background of frequent anti-monopoly investigations in Europe and the United States, South Korean steel enterprises believe that Chinese H-shaped steel products are "dumped at a low price" in South Korea, and put forward anti-monopoly investigation requirements for Chinese steel.

Mei Xinyu, a researcher at the Research Institute of the Ministry of Commerce, said the cost of steel production in China was relatively low. China's iron and steel production accounts for more than half of the world's. under the circumstances of slowing down of domestic economic development and large-scale cooling of real estate, iron and steel enterprises attach more importance to the export market. In order to clean up the inventory, some enterprises hold down the price in order to quickly ship goods and ensure the cash flow, which is the normal strategy. It is also their own choice for Korean Importers to choose to import steel of relatively ordinary quality The South Korean media deliberately ignored the responsibility of their own importers, and blindly accused China of substandard steel quality, of which the intention is self-evident. (From SMM)