The Commerce Ministry is investigating five products being imported into Thailand after learning that they could be part of a price-dumping practice to damage local industries.
The products include coated paper and paperboard products from China, South Korea, Japan, Indonesia and Taiwan; cold steel roll and hot-dipped zinc-coated steel products and steel products coated with aluminium and zinc from China, South Korea and Taiwan; hot-rolled boron-coated steel and motorcycle rubber products from China.
Surasak Riangkrul, deputy director-general with the Foreign Trade Department, said it would take about a year to complete the investigation. If these goods are found to be part of the price-dumping practice, then the ministry will impose an anti-dumping duty on the countries involved.
The anti-dumping duty is a penalty imposed on imports sold at a suspiciously low price. The importing country can impose these duties to protect local industries from unfair competition.
Surasak said local businesses could file a complaint with the ministry if they think they are facing unfair trade practices.
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