Anti-dumping review request on imported steel welcomed
Local producers can now submit requests to the Vietnam Competition Authority for a review of anti-dumping duties on several imported cold-rolled stainless steel products.
Local producers can submit requests for a review of anti-dumping duties on cold-rolled stainless steel from China , Indonesia, Malaysia and Taiwan (China). (Photo: satthep)
Local producers can now submit requests to the Vietnam Competition Authority under the Ministry of Industry and Trade (MoIT) for a review of anti-dumping duties on several cold-rolled stainless steel products imported from China, Indonesia, Malaysia and Taiwan (China).
The requests must be handed in from September 5-15.
In early September 2014, the MoIT issued a decision to impose anti-dumping duties on cold-rolled stainless steel plates with thickness of 3.5 mm or less from the four exporters to protect Vietnamese steelmakers.
The highest duty, at 37.29 percent, was imposed on Yuan Long Stainless Steel Corporation of Taiwan. Other Taiwanese steel manufacturers such as Yieh United Steel Corporation were subject to a 13.79 percent tariff.
Among the Chinese steel manufacturers, Fujian Southeast Stainless Steel Company Ltd was assessed a 6.87 percent tariff while Lianzhong Stainless Steel Corporation paid a 4.64 percent tarriff and Fujian Southeast Stainless Steel Company Ltd, 6.58 percent.
PT Jindal Stainless Indonesia and other Indonesian steel manufacturers was imposed a 3.07 percent duty while Bahru Stainless Sdn Bhd and other Malaysian manufacturers were subject to a 10.71 percent tariff.-VNA
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Local producers can submit requests for a review of anti-dumping duties on cold-rolled stainless steel from China , Indonesia, Malaysia and Taiwan (China). (Photo: satthep)
