Japan takes South Korea to WTO over antidumping duties on steel bars

The Japanese government requested Thursday that the World Trade Organization set up a panel to settle its dispute with South Korea over the country's antidumping duties on steel bars.The filing came as Tokyo and Seoul failed to resolve the issue through a bilateral consultation in August and will start a dispute settlement process by the international trade body, the Japanese government said.South Korea started levying antidumping duties on Japanese stainless steel bars in 2004 and the measure has been extended three times so far.It imposes a 15.39 percent tariff on Japanese stainless steel…READ FULL ARTICLE