Hanoi (VNA) - Thailand’s Department of Foreign Trade has initiated a sunset review on the anti-dumping tariff on cold-rolled carbon steel products originating or imported from Vietnam, China, and Taiwan (China), according to the Trade Remedies Authority of Vietnam (TRAV) under the Ministry of Industry and Trade.
At present, an investigation questionnaire for foreign manufacturers and exporters has been issued, with the submission deadline set for March 7.
TRAV recommended that the Vietnam Steel Association (VSA) notify relevant local manufacturers and exporters to answer the investigation questionnaire within the prescribed deadline.
Businesses should proactively co-operate with the investigating agency throughout the entire process in order to avoid being designated as non-cooperative or incompletely cooperative, which can often lead to unfavourable results, it said.
Firms were also asked to ensure compliance with the instructions and procedures, as well as maintaining contact and coordination with the authority to receive timely support./.
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Vietnam spends over 10 billion USD to import record volume of steel
Vietnam spent 10.48 billion USD to import nearly 15 million tonnes of steel in the first 10 months of this year, an additional concern of the domestic industry which is struggling to compete with the flood of cheap steel.