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Jul 26, 2017
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US Slaps Antidumping Duties on S. Korean Synthetic Rubber
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Korean synthetic rubber products.
The Department of Commerce released on Tuesday a statement that said Kumho Petrochemical, Posco Daewoo and LG Chem are selling ESB(emulsion styrene-butadiene) rubber at unfair prices in the U.S. market.
Accordingly, it is imposing a 44-point-three percent antidumping duty on Kumho Petrochemical and Posco Daewoo, and a nine-point-66 percent penalty on other South Korean ESB rubber makers.
The U.S. International Trade Administration(ITA) said Kumho and Posco Daewoo were levied much higher duties due to their failure to answer a survey from the U.S. side.
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All India Rubber Industries Association. All rights reserved. |
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All India Rubber Industries Association. All Rights
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