US not to launch probe into Vietnam’s corrosion-resistant steel

The US Department of Commerce (DOC) has decided not to initiate an investigation into the alleged circumvention of anti-dumping duties by Vietnam’s corrosion-resistant steel products (CORE) made from cold rolled steel (CRS) and hot rolled steel (HRS) imported from Japan.

Friday, December 31, 2021 11:13

US not to launch probe into Vietnam’s corrosion-resistant steel ảnh 1

Vietnam’s corrosion-resistant steel products (CORE) (Photo: congthuong.vn)

Hanoi (VNA) – The US Department of Commerce(DOC) has decided not to initiate an investigation into the allegedcircumvention of anti-dumping duties by Vietnam’s corrosion-resistant steelproducts (CORE) made from cold rolled steel (CRS) and hot rolled steel (HRS)imported from Japan.

In an announcement issued on December 20, the DOC statedthat the plaintiff had failed to provide an adequate basis for the initiation of aminor-alteration circumvention inquiry for both of these orders, according to theTrade Remedies Authority of Vietnam (TRAV).

The department has found that CORE is not included in thesame tariff classification as HRS and CRS.

The DOC said this will be the final decision on the allegationand it will not consider any following comments or requests regarding this conclusion.

The TRAV called on domestic firms to comply with regulationsin production and origin certificates so as to ensure their rights and interestsand avoid anti-dumping investigations in the future.

The authority and relevant agencies will keep a close watch andupdate on the case./.

VNA

#US Department of Commerce #anti-dumping duties #Vietnam’s corrosion-resistant steel products (CORE) #Trade Remedies Authority of Vietnam (TRAV) #Vietnamplus #vietnam news agency United States Vietnam

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