09/11/2016 10:57 GMT+7 Email Print Like 0

US launches antidumping investigation on Vietnamese steel

Hanoi, November 9 (VNA) – The US Department of Commerce (DOC) has decided to carry out antidumping duty and countervailing duty investigations on imports of corrosion-resistant carbon steel pipe from Vietnam.

According to the Department of Competition Management under the Ministry of Industry and Trade, a number of US steel enterprises petitioned the DOC to launch the investigations.

Previously, in May 2015, after investigations into the same product from China, the US announced 199.43 percent antidumping duties and 241.43 percent countervailing duties on the Chinese products.

The DOC said it would not yet delay consignments imported from Vietnam or require deposits at the same levels as duties levied on the Chinese products.

The department will issue questionnaires to Vietnamese steel producers and exporters involved in the case to investigate their batches shipped to the US and the origin of their imported material for producing steel products.

The DOC will issue its final decision within 300 days of the investigations beginning.
VNA/VNP