US DOC announces the investigation of Vietnamese steel imports

Thursday, Nov 26, 2015 17:42

Circular welded carbon quality steel pipe (CWP) is a kind used for construction industry. The US DOC has announced the initiation of anti-dumping duty investigations of CWP import from Viet Nam. — Photo cafef.vn

HA NOI (Biz Hub) — The United States Department of Commerce (DOC) has announced the initiation of anti-dumping duty investigations of imports of circular welded carbon-quality steel pipes (CWP) from Viet Nam.

The DOC is also investigating the imports from others countries, including Oman and the United Arab Emirates (UAE).

Previously, on October 28, American plaintiffs of this investigation, including Bull Moose Tube Company, EXLTUBE, Wheatland Tube and Western Tube and Conduit had filed a lawsuit against dumping and anti-subsidy to DOC and the International Trade Committee (ITC).

The dumping margin on Vietnamese CWP is at the highest rate of 113.8 per cent, followed by Oman at 98.87 per cent to 105.58 per cent and the UAE from 47.06 per cent to 54.27 per cent.

According to American law, The US International Trade Commission (ITC) is schedule to make its preliminary injury determinations on or before December 14 this year.

If the ITC determines that there is a reasonable indication that imports of circular welded pipe from Viet Nam threaten American industry, the investigations will continue and the DOC will be scheduled to make its preliminary decision on 2016.

In 2011, the United States conducted anti-dumping and countervailing duty investigations on CWP imported from Viet Nam and other countries such as Oman and the United Arab Emirates.

However, the investigation ended as the DOC said Vietnamese firms had not received any subsidies from the government, and the ITC said there was no damage done to the American CWP industry.

In 2014, imports of CWP from Viet Nam were valued at an estimated US$60.6 million. — VNS.

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