Extra Duties Slapped on Korean Low-Melt Polyester Imports
Published Date: 2/7/2025
Notice
Summary
The U.S. checked if Toray Advanced Materials Korea sold low melt polyester fiber in the U.S. for less than fair price from August 2022 to July 2023. They found that TAK did sell below normal value, which means extra duties will apply to keep things fair. This affects TAK and importers, who might see changes in costs starting now.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Antidumping Duties on Korean Polyester Fiber
The Department of Commerce found that Toray Advanced Materials Korea, Inc. sold low melt polyester staple fiber in the U.S. at less than normal value during August 1, 2022 through July 31, 2023. Because of that finding, additional antidumping duties will apply to TAK's shipments and to U.S. importers of that product, which may raise import costs.
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