South Korea to Investigate Chinese Glassmakers Regarding Price Cutting Allegations

The Hankyoreh online news source recently reported that South Korea's Korea Trade Commission plans to investigate complaints made by KCC Corp. and Hankuk Glass Industries Inc. of price-cutting and subsequent dumping by nine Chinese glass manufacturers.

The investigation will reportedly last three to five months and consist of inspections of the targeted glass manufacturers, exporters, importers and users. Reportedly, the investigation will focus on 3-4 mm thick clear and green float glass products.

The Hankyoreh reported that the market for those products accounted for nearly $350 million USD (323 billion yon) in 2006.

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