US launches anti-dumping probe into Vietnamese copper products

Jul 24th at 07:35
24-07-2020 07:35:57+07:00

US launches anti-dumping probe into Vietnamese copper products

The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade on Wednesday confirmed that the U.S. Department of Commerce (DOC) had initiated an anti-dumping investigation on seamless refined copper pipes and tubes from Vietnam.

 

The investigation is being instituted in response to a petition filed on June 30 by the American Copper Tube Coalition and its constituent members.

In the probe, the DOC will determine whether imports of seamless refined copper pipes and tubes from Vietnam are being dumped in the U.S. market at less-than-fair value.

The alleged dumping margin is 111.82 percent.

The investigated period is from October 1, 2019 to March 31, 2020.

The Trade Remedies Authority of Vietnam said the DOC would select mandatory respondents within 20 days from July 7, when it published the notice of the initiation of the investigation.

The DOC will then send a questionnaire to the selected respondents, who will have the next 30 days to make a full response.

In line with U.S. regulations, if relevant Vietnamese firms fail to cooperate with the investigating agencies or do not submit complete responses in a timely manner, the DOC will use existing data to reach a conclusion on the matter.

A preliminary anti-dumping determination by the DOC is expected in December this year.

According to data from the DOC, imports of seamless refined copper pipes and tubes from Vietnam were valued at approximately US$146.5 million in 2019.

This is Vietnam’s fifth export item to have faced trade remedy lawsuits in the U.S. since the beginning of 2020, after tires, mattresses, hardwood plywood, and lawn mowers.

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