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Anti-dumping probe launched against Chinese steel

Released at: 14:00, 07/10/2016

Anti-dumping probe launched against Chinese steel

Photo: Viet Tuan

Competition authority to determine whether Chinese H-shaped steel is being dumped in Vietnam.

by Nghi Do

The Ministry of Industry and Trade (MoIT) will conduct an anti-dumping inspection into H-shaped steel products imported from China (including Hong Kong).

The Vietnam Competition Authority (VCA) under MoIT received an appeal from Posco SS Vina in July over imports being dumped and affecting local business.

Under Decision No. 3993, the steel products under investigation are coded HS 7216.33.00, 7228.70.10 and 7228.70.90.

The investigation will cover the period from April 1, 2015 to March 31, 2016.

Posco SS Vina is the only company producing H-shaped steel in Vietnam.

The company said that local production remains small but import volumes have increased in the last three years, especially from China.

This is the third anti-dumping dispute Vietnamese agencies have investigated.

The VCA is conducting an anti-dumping probe into color-coated steel sheets imported from China and South Korea.

This year MoIT decided to impose additional tariffs on imported alloys, non-alloy steel ingots and steel rods to safeguard against cheap imports that were allegedly threatening the domestic industry.

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