Australia initiates VN’s wind towers on dumping

Jul 18th at 10:04
18-07-2017 10:04:53+07:00

Australia initiates VN’s wind towers on dumping

The Anti-Dumping Commission of Australia (ADC) has initiated an investigation into alleged dumping of wind towers imported from Viet Nam.

 

The investigation follows an application lodged by Australian wind tower manufacturers Keppel Prince Engineering Pty Ltd and Ottoway Fabrication Pty Ltd.

The investigation will examine transactions that took place from January 1, 2015 to December 31, 2016.

The application alleges that goods were exported to Australia from Viet Nam at prices less than their normal value and that the dumping has caused material injury to the Australian industry.

ADC estimated a dumping margin on VN’s wind towers is 15.7 per cent and ADC may apply temporary anti-dumping duties but not earlier than 60 days since the initiation date of June 8, 2017.

A statement of essential facts will be placed on the public record by September 26, 2017 and interested parties have 20 days to response to this statement.

Prior to this, in 2014, Australia also had a dumping investigations on wind towers imported from China and Republic of Korea (RoK), with dumping duties on China’s exporters at 15 - 15.6 per cent and on RoK’s ones ranged from 17.2 to 18.8 per cent.

bizhub



NEWS SAME CATEGORY

Tata Power proposes renewable energy plant in Phu Yen

Tata Power Ltd from India proposed to implement a renewable energy project in the central province of Phu Yen, during a meeting with provincial leaders last week.

RoK, VN eye energy partnerships

A delegation of executives from 17 energy start-ups nurtured by the Korea Electric Power Corporation (Kepco) met with their Vietnamese counterparts in HCM City on...

Introducing SMEs to “Industry 4.0”

In light of Industry 4.0, big firms, particularly those in the automobile industry, are benefiting significantly from digital technologies, while small and medium-d...

Garment manufacturers feel pressure from foreign fashion brands

While Vietnamese garment companies think the domestic market is too small, foreign investors consider Vietnam the "new land" to exploit, with the garment market...

PetroVietnam sees increased profit after three-year decline

Increasing crude oil prices helped PetroVietnam exceed its revenue and profit targets by 15 per cent in the first half of 2017.

BMW greenlighted to find new dealer in Vietnam

Vietnamese government has given the greenlight to the German automobile manufacturer BMW to access and run maintenance services on a batch of 700 BMW cars being...

Vietnamese firms to join large-scale organic and natural expo in Thailand

Several Vietnamese firms will participate in the 7th Organic and Natural Exhibition (ONE 2017), slated to be held at Queen Sirikit National Convention Centre in...

Petrolimex, Myanmar firm sign deal

The Viet Nam National Petroleum Group (Petrolimex) and Myanmar’s HTOO Group of Companies agreed to jointly do business in Myanmar on Tuesday in Ha Noi.

PVN reports positive H1 results

The Viet Nam Oil and Gas Group (PVN) reported revenues of VND247.1 trillion (US$10.8 billion) in the first half of the year, exceeding 15 per cent of the group’s...

Replace workers with machines: experts

The Korea Institute of Industrial Technology (KITECH) and the Viet Nam Textile and Apparel Association (VITAS) on Thurday held a conference to promote smart...


MOST READ


Back To Top