VCA to hold public consultation on anti-dumping duties

Saturday, May 13, 2017 07:40

Viet Nam Competition Authority will hold a public consultation on anti-dumping tariffs on H-shaped steel products. — Photo

Viet Nam Competition Authority (VCA), under the Ministry of Industry and Trade, has invited concerned parties to a public consultation on anti-dumping tariffs on H-shaped steel products.

The consultation, related to H-shaped steel products imported from China (including Hong Kong), will be held on June 20, wherein all parties will get the opportunity to express their opinions on anti-dumping tariffs.

Applications to participate in the consultation have to be sent to the VCA’s Trade Remedies Investigation Division before 5pm on June 5, and concerned parties can send their contents before 5pm on June 9.

VCA’s deputy director Nguyen Phuong Nam said the public consultation would be based on Order No 20 on anti-dumping tariff on goods imported into Viet Nam, and Decree No 90 on the implementation of this order.

Earlier, the ministry had issued a decree imposing temporary anti-dumping duties on H-shaped steel products imported from China. Under Decree No 957/2017/QD-BTC, anti-dumping duties imposed for all Chinese steel produders exported to Viet Nam is 36.33 per cent and will be in effect from April 5 to August 2, 2017.

However, some companies such as Heibei Jinxi Iron and Steel Group and Hebei Jinxi Section Steel were charged lower anti-dumping taxes at 29.4 per cent, others such as Rizhao Steel Holding Group and Rizhao Medium Section Mill were charged at 21.18 per cent.

H-shaped steel products are used to make support beams during constructions, girders for containers and trucks, steel decks and chassis. — VNS

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