Thai industrialists cry foul over steel dumping

Friday, 21 September 2012 By  MCOT
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BANGKOK, Sept 19 -- The Federation of Thai Industries (FTI) is seeking Commerce Ministry anti-dumping measures against China and South Korea for their steel exports to Thailand.

FTI vice chairman Songwoot Graipaspong said Thai industrialists have been severely affected by the dumping of hot-rolled steel sheet from China and boron-added coils, or chromium, from South Korea.

More than 300,000 tonnes of hot-rolled steel sheets have been exported by China to Thailand from January to July this year, and the volume will be as high as 400,000-500,000 tonnes at the end of this year.

He said 265,000 tonnes of boron-added coils have been imported from South Korea, adding that the volume is higher than last year and there is a tendency that it will be much higher, he added.



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