US ITC Rules "Dumping of Korean Thermal Paper Causes Damage to Domestic Industry"

[Asia Economy Reporter Kwon Jae-hee] The U.S. International Trade Commission (ITC) determined on the 26th (local time) that the U.S. industry has suffered material injury due to the dumping sales of Korean thermal paper.

Thermal paper is a special type of paper that changes color, such as turning black, only in the heated areas, and is mainly used as receipt printing paper.

On this day, the ITC voted that thermal paper produced in Korea, Germany, Japan, China, and Spain is being imported into the U.S. at prices below market value, causing material injury to the related U.S. industry.

Following this decision, the U.S. Department of Commerce is expected to issue anti-dumping duty orders on thermal paper imported from Korea and other countries.

The U.S. anti-dumping duty imposition process involves determinations by the Department of Commerce and injury findings by the ITC.

Earlier, the U.S. Department of Commerce calculated an anti-dumping rate of 6.19% for Hansol Paper, stating that thermal paper imported from these countries was sold below fair value.

The commission also ruled negatively on whether to consider imports of Korean and German thermal paper as an "urgent situation," thus avoiding retroactive application of anti-dumping duties.

In this regard, the ITC plans to release a final report containing the commission's views and information confirmed during the investigation on November 29.

This content was produced with the assistance of AI translation services.