Trade watchdog to recommend antidumping duties on Chinese, Taiwanese industrial material
Korea's trade watchdog said Thursday it will recommend that the finance ministry impose antidumping duties on Chinese and Taiwanese solid sodium hydroxide after concluding that the imports had injured the domestic industry. The Korea Trade Commission (KTC) will recommend antidumping duties ranging from 3.66 percent to 22.21 percent on three Chinese exporters and a 38.89 percent duty on one…
The Korea Trade Commission (KTC) has recommended that the Korean finance ministry impose antidumping duties on Chinese and Taiwanese solid sodium hydroxide imports, citing damage to the domestic industry. The recommended duties range from 3.66 percent to 22.21 percent on three Chinese exporters and 38.89 percent on one Taiwanese exporter.
Solid sodium hydroxide, or caustic soda, is a crucial material for various industrial applications. Additionally, the KTC is investigating allegations of Chinese producers dumping flat photographic plates in the Korean market, with a final decision expected in October.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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