The Ministry of Trade, Industry and Energy has decided to ask the Ministry of Economy and Finance to impose an anti-dumping duty of 9.18 percent to 10.65 percent on plywood imported from Vietnam. The Ministry of Economy and Finance is supposed to make a decision within one month from its official re
The U.S. government has judged that Korea's low electricity rates do not constitute a subsidy.The U.S. Department of Commerce calculated anti-dumping duties of up to 2.43 percent in the final decision of the second annual review of Korean-made galvanized steel sheets, said the Ministry of Trade,
The United States Department of Commerce has imposed a provisional anti-dumping duty of 31.64 percent on Nexteel’s carbon steel pipes for ordinary piping. In addition, the department levied provisional anti-dumping duties of 5.11 percent and 23.74 percent on the same products exported by Husteel and
The Korea International Trade Association announced on Jan. 7 that South Korean companies exported 2.3 million tons of steel products to the United States from January to November 2019. Last year’s total is estimated at 2.5 million tons, which is a nine-year low and less than their annual export quo
Hyosung Heavy Industries announced on Dec. 16 that it will take over the high voltage transformer plant of Mitsubishi Electric Power Products, Inc. (MEPPI) in Tennessee, the United States, for US$46 million.The Tennessee plant will begin to produce core-type ultra-high voltage transformers, which ar
The United States Department of Commerce has imposed an anti-dumping duty of 53.8 percent, 33 percentage points higher than in the previous year, on Donga Steel’s heavy walled rectangular welded carbon steel pipes and tubes. In addition, the department raised its tariffs on other South Korean steelm
The U.S. government’s preliminary decision to exempt Korean cold-rolled steels from anti-dumping duties has given a breathing space to Korean steel manufacturers including Hyundai Steel.The U.S. Department of Commerce released the results of the second preliminary judgment on cold-rolled steel produ
The Directorate General of Trade Remedies of the Ministry of Commerce and Industry of India launched an investigation early this month regarding safeguard application to phthalic anhydride imported from South Korea. Earlier, Indian companies requested import restrictions, saying that the import volu
The Korea International Trade Association announced on Oct. 20 that a total of 33 anti-dumping and safeguard investigations were newly launched against South Korea from September 2018 to September 2019.The investigations are divided into 17 safeguard investigations and 16 anti-dumping investigations
The United States Department of Commerce made a preliminary determination in its recent sixth annual review to impose an anti-dumping duty of 60.81 percent on transformers Hyundai Electric exports to the United States and 40.73 percent on those exported by other companies such as Hyosung Corp..The d
The request was made by the Korean Ministry of Trade, Industry and Energy (MOTIE) at the 19th Korea-China Trade Remedy Cooperation Meeting and the 4th Korea-China Free Trade Agreement (FTA) Trade Remedy Implementation Committee Meeting with the Trade Remedy Investigation Bureau of the Ministry of Co
The Ministry of Trade, Industry and Energy announced on Aug. 29 that 29 countries are currently implementing 200 import regulations on South Korean products in the form of anti-dumping duties and safeguard measures.The ministry also said that investigations have been terminated without follow-up mea
The World Trade Organization (WTO) said on Aug. 18 that South Korea and Japan have been engaged in six WTO disputes and dispute settlement procedures are underway for half of them after Japan took legal proceedings. The WTO added that South Korea won the three finished cases.Back in June 2016, Japan
Korean H section steel producers such as Hyundai Steel and Dongkuk Steel are considering filing an anti-dumping suit with the Korean Ministry of Trade, Industry and Energy against Vietnamese steel companies as imports of low-cost H-beams from Vietnam are surging, steel industry sources said on July
The United States has more than doubled tariffs on Korean oil pipelines. U.S. trade pressure is mounting on Korea as U.S. President Donald Trump is seeking to strip it of the developing country status in the World Trade Organization (WTO).The U.S. Department of Commerce decided to impose a 38.87 per
South Korea and the United States are entering into a legal battle over the U.S. safeguard tariffs on South Korean washing machines at the World Trade Organization (WTO).The WTO formed a panel to settle the dispute in Geneva, Switzerland, on July 1, according to the Ministry of Trade, Industry and E
The Ministry of Trade, Industry and Energy announced on July 17 that the United States Department of Commerce decided to raise its anti-dumping duty on thick plates exported by South Korean steelmakers from approximately 7 percent to 20.09 percent.“U.S. President Donald Trump recently blocked foreig
The conflict between South Korea and Japan triggered by Japan’s restrictions on exports of key semiconductor materials shows signs of escalating into “a tariff war.”The South Korean government decided on July 10 to extend an anti-dumping duty on imports of ethyl acetate, including those from Japan,
The United States Department of Commerce lowered its countervailing duty on POSCO’s hot-rolled steel sheets from 41.57 percent to 0.55 percent at its annual review on June 14. The final duty is scheduled to be fixed at its anti-dumping determination late this month. South Korean steelmakers’ exports
The Ministry of Commerce of China made a preliminary determination on March 22 that some stainless steel products imported from South Korea, Indonesia, Japan and the European Union have been dumped.The products in question include stainless steel ingots and hot-rolled products. Claiming that the pro