Viet Nam asks businesses to keep close watch on US investigation into boltless steel shelving imports
Viet Nam asks businesses to keep close watch on US investigation into boltless steel shelving imports
The US Department of Commerce (DOC) has commenced an anti-dumping investigation into boltless steel shelving units from Viet Nam, the Trade Remedies Authority of Viet Nam said, recommending enterprises producing and exporting related products keep a close watch on the developments of the case.
Viet Nam exported about US$32.7 million of products subject to investigation, accounting for about 15.5 per cent of the total exports of countries to the US. — Photo congthuong.vn |
On April 25, 2023, Edsal Manufacturing Co Inc, the largest producer of boltless steel shelving in the US, filed a petition to the DOC and the US International Trade Commission (USITC) to initiate an anti-dumping duties investigation into certain boltless steel shelving allegedly dumped from Malaysia, India, Taiwan (China), Thailand and Viet Nam. The product under investigation is packed boltless steel shelf with HS code 9403.200075.
The petitioner has alleged that boltless steel shelving imported from Malaysia, India, Taiwan, Thailand and Viet Nam are being, or are likely to be, sold at less than fair value in the US. The petitioner further alleged that these imports, which have cumulatively surged by 68.5 per cent from 2020 to 2022, are causing, or threatening to cause, material injury to the US boltless steel shelving industry.
The anti-dumping duties investigation started on May 15, 2023. The investigation period is from October 1, 2022 to March 31, 2023.
Preliminary data from the USITC shows that in 2022, Viet Nam exported about US$32.7 million of products subject to investigation, accounting for about 15.5 per cent of the total exports of countries to the US.
Viet Nam ranked 4th among the above exporters to the US, after Taiwan (China), China and Thailand, with alleged dumping margin ranging from 92.60 per cent to 224.94 per cent.
According to the Trade Remedies Authority of Viet Nam, the DOC has issued a questionnaire on Quantity and Value (Q&V) for Vietnamese businesses. The deadline to respond is May 30, 2023 and businesses can apply for an extension if needed.
