Duties imposed after investigation and will range from 4.3 to 60.26%.
The Vietnam Competition Authority at the Ministry of Industry and Trade has received information from Thailand’s Ministry of Commerce that the country’s Anti-Dumping and Countervailing Committee has issued a final decision on an anti-dumping investigation of color galvanized steel sheet imports from Vietnam.
Thailand will apply anti-dumping tariffs from 4.3 per cent to 60.26 per cent on color galvanized steel sheet products imported from Vietnam for five years.
The anti-dumping measures will be effective from the date of publication in the Government Gazette. Color galvanized steel sheet products HS 7210.61, 7212.50, 7225.99 and 7226.99 imported from Vietnam will be subject to tariffs ranging from 6.2 per cent to 40.49 per cent and applied to aluminum-zinc alloy coated steel plates from five major producers and other Vietnamese producers.
Experts in the steel industry said that in 2015 and 2016, iron and steel were two of the most-dumped goods. Prolonged cases not only cause direct economic losses but also cause Vietnamese enterprises to face the risk of loss of markets and export declines.
In 2015, Vietnam’s steel products faced a series of anti-dumping cases in many countries in Southeast Asia and around the world.
Continued litigation and the imposition of antidumping tariffs may result in the loss of export markets and a decline in production.
Source: Vneconomics
Key words: color galvanized steel, sheet exports, hit, by, anti-dumping duties, in Thailand
