South Korea to launch anti-dumping investigation on copper pipes from China and Vietnam
Aerial view of shipping containers in the southern port city of Busan in South Korea (Yonhap)
South Korea’s trade commission on Thursday announced plans to launch an anti-dumping investigation into seamless copper tubes from China and Vietnam.
The Korea Commerce Commission under the Ministry of Industry said it decided to launch an anti-dumping investigation on the ruling that cheap imports of these products have caused damage to related industry in South Korea.
Seamless copper pipes are commonly used in air conditioners, refrigerators, and cooling and heating systems due to their high levels of corrosion resistance and thermal conductivity.
In September last year, two South Korean producers asked the government to conduct an anti-dumping investigation into imports of these products.
By the end of 2020, seamless copper tubes from China and Vietnam accounted for about 30% of South Korea’s market, behind a 60% share of products made in the country, according to the Ministry of Commerce.
The trade commission plans to decide whether or not to impose anti-dumping duties after a three-month investigation. (Yonhap)