Japan Starts Anti-Dumping Probe Into Chinese, Korean Steel Goods

Japan will begin an anti-dumping probe into some Chinese and South Korean steel goods, the latest effort by the nation to protect local producers against a wave of imports of the alloy.

The investigation, which is expected to be complete within a year, will probe flows of hot-dipped galvanized coil, sheet and strip, the trade and finance ministries said in a statement on Wednesday. The decision follows an application in April by four firms, including Nippon Steel Corp. and Kobe Steel Ltd.

Steel exports from China, the world’s largest producer, have surged this year as a downturn in its ...