Korean paper makers to file anti-dumping complaint vs Japanese rivals

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Korean paper makers to file anti-dumping complaint vs Japanese rivals - Korea Economic Daily

Quick Summary:

South Korean corrugated cardboard sheet makers such as Asia Paper Manufacturing Co.have decided to file an anti-dumping complaint against Japanese rivals Daio Paper Corp.and Oji Paper Co.in the first such case for Korean paper companies, according to paper industry sources on Sunday.Tailim Paper Co.and Korea Paper Mfg.Co.are likely to join Asia Paper to lodge a petition against the Japanese companies with the Korea Trade Commission under the Ministry of Trade, Industry and Energy by no later than early 2025.“Japanese companies have been dumping their surplus on to our country at cheap prices, causing price distortions and serious damage on us,” said one of the sources.

Korean paper makers argue that Japanese corrugated sheets are dumped at cheaper prices in Korea than in Japan.

In Japan, Daio and Oji sells corrugated fiberboard made 100% from recycled paper at $500 per one ton, but in South Korea, they are priced around $420-$450.