Truong Son steel factory - Illustrative image (Photo: VNA) There appears to be insufficient grounds for the publication of a dumping duty notice and a countervailing duty notice in respect of precision pipes and tubes exported from Vietnam, TRAV quoted the Australian Anti-Dumping Commission (ADC) as saying in its newly-released Preliminary Affirmative Determination, following a probe into such products from Vietnam, Taiwan (China), China, and the Republic of Korea.
The ADC found no evidence of significantly different prices for raw materials in Vietnam compared to other Asian countries nor official Government plans to control or otherwise influence Vietnam’s steel industry.
The ADC said it is also unaware of any intervention by the Vietnamese Government in terms of affecting the normal value of the product.
There exists no evidence of a continuing impact from the Steel Master Plans, developed by the Vietnamese Government, as these plans have been invalid since 2019.
Recommendations will be sent by the ADC to Australia’s Minister for Industry, Science and Technology for final determination.
According to statistics compiled by the General Department of Vietnam Customs, the export turnover of Vietnamese precision steel pipes to Australia in 2019 reached more than 15 million USD./.
There exists no evidence of a continuing impact from the Steel Master Plans, developed by the Vietnamese Government, as these plans have been invalid since 2019.
Recommendations will be sent by the ADC to Australia’s Minister for Industry, Science and Technology for final determination.
According to statistics compiled by the General Department of Vietnam Customs, the export turnover of Vietnamese precision steel pipes to Australia in 2019 reached more than 15 million USD./.
VNA
