Vietnamese steel producers demand anti-dumping measures

July 22, 2016 | 15:58

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The Viet Nam Competition Authority (VCA) said it has received an appeal from domestic steel enterprises, demanding imposition of anti-dumping measures on H-shaped Chinese steel products.

The petition aimed to prevent the products from being dumped in Viet Nam, which seriously affected local businesses, the enterprises said.

According to the VCA, under the industry and trade ministry, it received satisfactory legal dossiers of the case on Tuesday, adding that it would evaluate the dossiers within 45 days before submitting it to the industry and trade ministry for a decision whether an anti-dumping probe should be launched.

To aid the investigation, the VCA asked the petitioners to provide their firms' information related to design capacity and the output of H-shaped steel in the past three years and the first half of this year.

Currently, the VCA is carrying out an anti-dumping probe into colour-coated steel sheets imported from China and South Korea.

Recently, the Ministry of Industry and Trade also decided to impose additional tariffs on imported alloys and non-alloy steel ingots and steel rods to safeguard against cheap imports that were allegedly threatening the domestic industry.

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