South Korea tries to get rid of China’s polysilicon import duties
The South Korean Ministry of Trade, Industry and Energy (MOTIE) has announced it will urge China to lift the anti-dumping duties on polysilicon imports from South Korea. According to Korean broadcaster KBS World Radio, MOTIE will send a letter with this request to “high-level Chinese leaders.”
KBS also reported that the ministry would raise the issue during an upcoming meeting of the committee on anti-dumping practices at the World Trade Organization (WTO) slated for April and at the Seoul International Forum on Trade Remedies in May.
On January 18, the Chinese Ministry of Commerce (Mofcom) opened a final review of the anti-dumping and countervailing duties imposed on imports of solar-grade polysilicon from South Korea and the USA since July 2013.
Although the duty rates for South Korea’s polysilicon manufacturers OCI, Hankook Silicon and Hanwha Chemical are relatively low, the companies are suffering from the depressed polysilicon market price; a part of them are reportedly running at low capacity utilization.