S.Korea to scrap anti-dumping duties on Chinese pigments

Editor: 管理员      Date:2011-07-22      Hit:4213
%3CP%3E%3CFONT%20face%3DVerdana%3ESouth%20Korea%20plans%20to%20scrap%20anti-%20dumping%20duties%20against%20Chinese%20pigments%20as%20there%20is%20little%20change%20of%20damage%20to%20the%20local%20industry%2C%20a%20government%20report%20showed%20Thursday.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EThe%20Korea%20Trade%20Commission%20%28KTC%29%20decided%20Wednesday%20to%20end%20the%20punitive%20duties%20against%20Chinese%20anatase%20titanium%20dioxide%20as%20the%20pigment%20prices%20have%20risen%20enough%20to%20pose%20little%20threat%20to%20the%20local%20firms%2C%20the%20Ministry%20of%20Knowledge%20Economy%20said%20in%20a%20statement.%20%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EThe%20anatase%20titanium%20dioxide%20is%20an%20ingredient%20used%20to%20produce%20paint%2C%20paper%2C%20plastic%20goods%20and%20rubber.%20South%20Korea%20had%20slapped%20anti-dumping%20tariffs%20of%204.82-23.08%20percent%20on%20the%20Chinese%20product%20since%202005%2C%20and%20has%20reset%20the%20rates%20to%204.86-23.08%20percent%20in%202008.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%22The%20commission%20decide%20to%20scrap%20the%20duty%20as%20there%20is%20little%20possibility%20for%20local%20companies%20to%20be%20damaged%20by%20the%20Chinese%20product%20imports.%20The%20local%20industry%20is%20in%20a%20stage%20of%20recovery%20due%20to%20the%20six-year%20anti-dumping%20measures%2C%22%20an%20official%20at%20the%20ministry%20told%20Xinhua.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EThe%20decision%20will%20be%20notified%20to%20the%20Finance%20Ministry%2C%20which%20will%20make%20a%20final%20decision%20within%2050%20days%20after%20receiving%20the%20official%20notice%20to%20scrap%20the%20punitive%20duties%2C%20according%20to%20the%20statement.%3CBR%3E%3C/FONT%3E%3C/P%3E