The Korean Trade Commission (KTC) has announced to initiate an anti-dumping investigation on ferro-manganese (FeMn) and Silico-Manganese (SiMn) products imported from Vietnam, Ukraine and India.
The period subject to investigation is between July 1, 2015 and June 30, 2016 (which can be adjusted after considering opinions of plaintiffs and defendants) and the loss analysis will be conducted for the period from January 1, 2013 to June 30, 2016 (which can be extended if necessary).
A Vietnamese exporter is named in the KTC’s announcement.
|Photo for illustration.
If Vietnam businesses want to join the investigation they should send an Application for Participation to the KTC within three weeks.
Businesses which are not an object producer of investigation but still apply for participation will be imposed a weighted average of dumping rate according to the Republic of Korea’s Customs Act.
Those businesses which do not submit applications for participation or export products after the investigated period, the KTC may levy anti-dumping margins based on available information according to the Customs Act.
The KTC will send a questionaire to relevant businesses, producers and governments. They will have 40 days to answer these questions.