Korea imposes anti-dumping duties on Vietnam’s alloy imports at 4.06 per cent

The anti-dumping duty rates applied for Vietnam, Ukraine and India’s manufactures/exporters are 4.06 per cent, 19.06 and 7.48 – 19.06, respectively, for five years.

Previously, on December 07, 2016, the Korean Trade Commission (KTC) initiated the anti-dumping investigation against this product under Article No. 60.3 of Customs Code of Korea.

On May 31, 2017, KTC applied the temporary anti-dumping duty at 7.48 per cent for Vietnam’s manufactures/exporters.

On September 14, 2017 KTC announced the final results of the anti-dumping duty on this product imported from the three countries at three aforementioned rates.

The plaintiffs were Dongbu Metal, Simpac Metal, Simpac Metalloy and Taekyung Industrial.

On September 29, 2016 the plaintiffs filed the lawsuit. The investigation period for dumping is from July 01, 2015 to June 30, 2016. The injury investigation period is from January 01, 2013 to June 30, 2016.