23/07/2017 07:25 GMT+7 Email Print Like 0

Australia partially ends probe against Vietnam’s zinc coated steel

Hanoi, July 22 (VNA) – The Anti-Dumping Commission (ADC) under the Department of Industry, Innovation and Science of Australia has announced the partial rescission of its anti-dumping and anti-subsidy investigation on Vietnamese zincs coated (galvanised) steel. 

Among the countries under the ADC’s probe, which also looked into zincs coated steel imported from India and Malaysia, only Vietnam gets the partial termination. 

According to the Vietnamese Ministry of Industry and Trade (MoIT), the ADC concluded that Vietnamese galvanised steel producers and exporters received countervailable subsidies from the Government during the investigation period but the subsidies never exceeded the negligible level. 

Therefore, the ADC decided to terminate the anti-subsidy investigation against all Vietnamese galvanised steel producers and exporters. 

Besides, the commission will not give any recommendations about subsidies for Vietnam in its final report to the Minister for Industry, Innovation and Science. 

The investigation also found that two out of the three Vietnamese producers and exporters who fully cooperated with Australian investigators had the dumping range lower than the minimal level. Hence, the commission has terminated the investigation into the two companies. 

The MoIT said that, the Australian commission took into account complaints from concerned parties, the statement of essential facts (SEF), comments relating to the SEF and information it received from the investigation process to make the decision. 
Parties may seek a review of the decision by lodging an application with the Anti-Dumping Review Panel within 30 days of publication of the notice.