Anti-dumping review request on imported steel welcomed
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%, 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% tariff.
Among the Chinese steel manufacturers, Fujian Southeast Stainless Steel Company Ltd was assessed a 6.87% tariff while Lianzhong Stainless Steel Corporation paid a 4.64% tariff and Fujian Southeast Stainless Steel Company Ltd, 6.58%.
PT Jindal Stainless Indonesia and other Indonesian steel manufacturers was imposed a 3.07% duty while Bahru Stainless Sdn Bhd and other Malaysian manufacturers were subject to a 10.71% tariff.
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%, 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% tariff.
Among the Chinese steel manufacturers, Fujian Southeast Stainless Steel Company Ltd was assessed a 6.87% tariff while Lianzhong Stainless Steel Corporation paid a 4.64% tariff and Fujian Southeast Stainless Steel Company Ltd, 6.58%.
PT Jindal Stainless Indonesia and other Indonesian steel manufacturers was imposed a 3.07% duty while Bahru Stainless Sdn Bhd and other Malaysian manufacturers were subject to a 10.71% tariff.