MoIT to verify information related to probe on imported H-beams

The Ministry of Industry and Trade (MoIT) will verify information provided by concerned parties before issuing a conclusion about an investigation into anti-dumping measures on steel H-beams imported from Malaysia.
MoIT to verify information related to probe on imported H-beams ảnh 1Illustrative image (Photo: sggp.org.vn)

Hanoi (VNA) -
The Ministry of Industryand Trade (MoIT) will verify information provided by concerned parties before issuing a conclusion about an investigation into anti-dumpingmeasures on steel H-beams imported from Malaysia.

It is set to organise public consultations forrelevant parties to exchange views and update information on the issue.

Organisations and individuals involved with productsunder investigation are urged to register as relevant parties and to send the necessaryinformation to the ministry in order to ensure their rights and benefits.

The MoIT decided to launch an anti-dumping investigationon August 24 into a number of H-beams originating from Malaysia.

It was initiated based on documents submitted by Vietnamese steelmanufacturers in November 2019, which stated that H-beams from Malaysia were being dumpedin Vietnam and causing major losses in the domestic industry.

Over 17,000 tonnes of H-beams were imported duringthe investigation period and close to 65,000 tonnes in the year prior.

If necessary, the ministry may impose temporaryanti-dumping duties based on initial investigations, to prevent further losses inthe local steel sector./.

VNA

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