- Registration date2025-03-20
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The Korea Trade Commission (KTC) under the Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea held a public hearing today on whether Chinese and Taiwanese petroleum resin imports are causing damage to domestic industries, on which anti-dumping investigations were opened last August.
As a result of a preliminary determination made last December, provisional anti-dumping duties of between 4.45% and 18.52% are currently levied on the said products. Held under Article 64 of the Enforcement Decree of the Customs Act, the public hearing aims to grant interested parties sufficient opportunity to make statements and ensure their rights of defense. A final ruling will be given during the first half of this year following domestic and overseas due diligence procedures.
The KTC also held its 458th meeting today, receiving reports on anti-dumping investigations launched on hot-rolled carbon and alloy steel products requested by Hyundai Steel and on single-mode optical fiber products requested by LS Cable & System.