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Vietnam’s oil steel pipes face dumping accusation in US market

The US Department of Commerce (DOC) has announced its final conclusion affirming the dumping of several types of steel pipes, or oil country tubular goods (OCTG), imported from nine countries including Vietnam.
The US Department of Commerce (DOC) has announced its final conclusionaffirming the dumping of several types of steel pipes, or oil countrytubular goods (OCTG), imported from nine countries including Vietnam.

According to the Vietnam Competition Authority(VCA), under the DOC’s decision, Vietnam’s SeAH Steel VINA Corporationwas given a final dumping margin of 24.22 percent.

Another Vietnamese mandatory respondent, Hot Rolling Pipe Co., Ltd.,which failed to answer the department’s questionnaire, will be subjectedto a dumping margin of 111.47 percent, the highest alleged in thepetition.

If final determinations issued by theUS International Trade Commission on August 25 confirm the DOC’s viewthat imports of OCTG from Vietnam, India, the Republic of Korea, thePhilippines, Saudi Arabia, Taiwan (China), Thailand, Turkey and Ukrainematerially injure or threaten material injury to the US industry, theDOC will levy anti-dumping duties for all countries as from September 2.

The DOC said imports of OCTG from Vietnam in 2013 stood at 110 million USD.

Meanwhile, Australia’s Anti-dumping Commission has announced that ithas initiated an anti-dumping duty investigation on galvanized steelproducts imported from Vietnam and India.-VNA
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