Australia delays conclusion on anti-dumping probe into Vietnam’s painted steel strapping

The Anti-Dumping Commission of Australia (ADC) has announced the fifth extension of time granted to issue the final report on an investigation into the alleged dumping and subsidisation of painted steel strapping from China and Vietnam.
Hanoi (VNA) – The Anti-DumpingCommission of Australia (ADC) has announced the fifth extension of time grantedto issue the final report on an investigation into the alleged dumping and subsidisationof painted steel strapping from China and Vietnam.

Accordingly, the due date forthe final report issuance is now extended to October 26, 2021, the Trade RemediesAuthority of Vietnam cited the ADC notice.

The ADC also officiallyconcluded that the Sam Hwan Vina Co. Ltd, the largest Vietnamese exporter inthis investigation, No 553, has dumped painted steel strapping, but the dumpingmargin is less than 2 percent, so it decided to terminate the probe into thisfirm.

With an export turnover ofabout 4.6 million USD, the Sam Hwan Vina Co. Ltd accounts for 83 percent ofVietnam’s exports of the product, the authority said.

Meanwhile, the investigationinto the remaining businesses of China and Vietnam will continue.

The ADC is due to report tothe Minister for Industry, Science and Technology in respect of thisinvestigation on or by 26 October this year. The applicant for this probe mayrequest a review of the decision within 30 days of the notice publication, accordingto the ADC./.
VNA

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