Korea to impose antidumping tariffs on Thai seamless copper pipes
Korea's finance ministry said Friday it will impose antidumping tariffs on seamless copper pipes imported from Thailand after its investigation found the imports had caused damage to the domestic industry. The Ministry of Finance and Economy said it decided to impose antidumping duties ranging from 4.93 percent to 8.41 percent on Thai seamless copper pipes, following an investigation launched at…
The Korean finance ministry announced on Friday that it will impose antidumping tariffs on seamless copper pipes imported from Thailand. This decision follows an investigation initiated at the request of the Korea Trade Commission in June, which found that the imports had harmed the domestic industry. The tariffs, ranging from 4.93 percent to 8.41 percent, will be applicable starting September 11.
Seamless copper pipes, known for their durability and efficient heat transfer, are widely used in appliances such as air conditioners and refrigerators. The domestic market for these pipes was valued at approximately 600 billion won ($432 million) as of 2024, with Thai products representing about 8 percent of this market, according to the ministry.
The government aims to bolster the business environment for the domestic industry, which has been struggling with imported goods sold below fair market value, and to foster a more equitable competitive landscape.
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- Korea to impose antidumping tariffs on Thai seamless copper pipes koreatimes.co.kr
