VCA to terminate temporary anti-dumping duties on H-shaped Chinese steel
VCA to terminate temporary anti-dumping duties on H-shaped Chinese steel
Viet Nam Competition Authority (VCA), under the Ministry of Industry and Trade (MoIT), has announced the termination of temporary anti-dumping duties on H-shaped steel imported from China.
On October 5, 2016, MoIT issued Decision 3993/QĐ-BCT on conducting an anti-dumping investigation into H-shaped steel products imported from China.
Later on, the temporary anti-dumping duties on H-shaped Chinese steel were imposed at MoIT’s Decree No 957/2017/QĐ-BTC published on March 21, 2017.
Under that decree, the anti-dumping duties ranged from 21.18 per cent to 36.33 per cent and would be in effect between April 5 and August 2, 2017.
Starting August 3, 2017, the temporary anti-dumping duties on H-shaped Chinese steel will expire. The investigation is currently in the final phase and scheduled to complete in August 2017.
VCA advises concerned parties on the possibility of adopting official anti-dumping measure that continues or replaces the current one. Thus, enterprises should actively consider ensuring the efficiency of their own production and business activities.
