Steel producers demand anti-dumping measures

Illustrative image (Source:tinnhanhchungkhoan.vn)

Hanoi (VNA) - The Vietnam Competition Authority (VCA) said it received an appeal from domestic steel enterprises, demanding imposition of anti-dumping measures on H-shaped Chinese steel products. 

The petition aimed to prevent the products from being dumped in Vietnam, which seriously affected local businesses, the enterprises said. 

The VCA said it received satisfactory legal dossiers of the case on July 19, adding that it will evaluate the dossiers within 45 days before submitting it to the Industry and Trade Ministry for a decision on whether an anti-dumping probe should be launched. 

To aid the investigation, the VCA asked the petitioners to provide their firms’ information related to design capacity and the output of H-shaped steel in the past three years and the first half of this year. 

Currently, the VCA is carrying out an anti-dumping probe into colour-coated steel sheets imported from China and the Republic of Korea. 

Recently, the Ministry of Industry and Trade also imposed additional tariffs on imported alloys and non-alloy steel ingots and steel rods to safeguard the domestic industry against cheap imports.-VNA