US imposes anti-dumping duties of up to 130% on Vietnamese rebar

VOV.VN - The US Department of Commerce (DOC) has issued a preliminary determination imposing anti-dumping duties of up to 130.77% on steel reinforcing bar (rebar) imports from Vietnam, with Hoa Phat Group subject to a preliminary rate of 121.97%.

According to the Trade Remedies Authority of Vietnam, under the Ministry of Industry and Trade, the DOC selected a Vietnamese company as the mandatory respondent in the investigation. The case involves a total of 10 affiliated companies linked to this respondent.

Among the firms listed are subsidiaries of Hoa Phat Group, including Hoa Phat Hai Duong Steel, Hoa Phat Dung Quat Steel, and Hoa Phat Hung Yen Steel.

Under the preliminary determination, the anti-dumping duty (AD duty) for the mandatory respondent and its affiliated companies has been set at 121.97%. Meanwhile, other Vietnamese exporters not selected as mandatory respondents face a country-wide rate of 130.77%.

The preliminary duty rates applied to Vietnamese exports are significantly higher than those imposed on other countries involved in the same investigation. Steel reinforcing bar exports from Bulgaria face a preliminary rate of 52.8%, while those from Egypt are subject to rates ranging from 34.2% to 52.73%.

Given the relatively high preliminary duties, Vietnamese exporters are advised to actively cooperate with US authorities and provide comprehensive information during the investigation in order to reduce the final duty rates.

The Trade Remedies Authority reported that following the preliminary determination, the US Department of Commerce may issue supplemental questionnaires and conduct on-site verification at Vietnamese companies to validate submitted data.

The final determination of the anti-dumping investigation is expected to be issued in July.

To achieve a more favourable outcome, Vietnamese enterprises are encouraged to carefully review the preliminary findings, consult with legal advisors, and prepare necessary documentation and arguments for the next stage of the investigation.

Authorities also recommend that affected producers and exporters closely monitor developments in the case, maintain full cooperation with the US investigation process, and prepare thoroughly for the upcoming on-site verification.

Mời quý độc giả theo dõi VOV.VN trên
Viết bình luận

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Related

Canada finds no dumping in Vietnam’s steel strapping
Canada finds no dumping in Vietnam’s steel strapping

VOV.VN - The Canada Border Services Agency (CBSA) has concluded that the only Vietnamese company currently exporting steel strapping to Canada did not engage in dumping.

Canada finds no dumping in Vietnam’s steel strapping

Canada finds no dumping in Vietnam’s steel strapping

VOV.VN - The Canada Border Services Agency (CBSA) has concluded that the only Vietnamese company currently exporting steel strapping to Canada did not engage in dumping.

Iron and steel exports drop amid global trade policy measures
Iron and steel exports drop amid global trade policy measures

VOV.VN - Vietnam shipped over 9.2 million tonnes of iron and steel worth nearly US$6.1 billion over the past 11 months of the year, representing a 26.1% decrease in volume and a 28.9% drop in value compared to the same period last year, according to the National Statistics Office.

Iron and steel exports drop amid global trade policy measures

Iron and steel exports drop amid global trade policy measures

VOV.VN - Vietnam shipped over 9.2 million tonnes of iron and steel worth nearly US$6.1 billion over the past 11 months of the year, representing a 26.1% decrease in volume and a 28.9% drop in value compared to the same period last year, according to the National Statistics Office.

Canada reduces dumping margin for Vietnamese steel wire
Canada reduces dumping margin for Vietnamese steel wire

VOV.VN - The Canada Border Services Agency (CBSA) has lowered the dumping margin for a leading Vietnamese steel wire producer to 5.7%, down sharply from the preliminary rate of 13.4%, according to the Trade Remedies Authority of Vietnam (TRAV).

Canada reduces dumping margin for Vietnamese steel wire

Canada reduces dumping margin for Vietnamese steel wire

VOV.VN - The Canada Border Services Agency (CBSA) has lowered the dumping margin for a leading Vietnamese steel wire producer to 5.7%, down sharply from the preliminary rate of 13.4%, according to the Trade Remedies Authority of Vietnam (TRAV).