The government is pushing to impose a maximum preliminary anti-dumping duty of 33.57% on hot-rolled products of carbon steel and alloy steel from Japan and China.
The Ministry of Trade, Industry and Energy held its 462nd Trade Commission on the 24th, reviewing and deciding on two anti-dumping investigations and two investigations related to patent infringement in exports and imports. The cases reviewed and decided this time are the anti-dumping investigations of 'hot-rolled products of carbon steel and alloy steel from Japan and China' and 'single-mode optical fiber products from China,' which began investigation in March.
The Trade Commission made a preliminary determination that there is substantial damage to the domestic industry due to the dumping facts and dumped imports of the products. To prevent industrial damage that may occur during the investigation period, it was decided to recommend to the Ministry of Economy and Finance to impose preliminary anti-dumping duties of 28.16% to 33.57% and 43.35%.
In addition, the result from last February, which determined that SK bioscience infringed on the patent rights of Wireth LLC, a subsidiary of Pfizer, was reclassified as 'non-infringement.' This reflects the recent outcome of the administrative lawsuit.
The Trade Commission also received a report on the initiation of an investigation into 'connected electric vehicle patent infringement' applied for by Value Innovation Partners in June.