Vietnam Imposes Antidumping Duty on Stainless Steel from China, Indonesia, Malaysia

  • Thursday, January 2, 2014
  • Source:

  • Keywords:steel, stainless steel, SS, antidumping duty
[Fellow]
[Ferro-Alloys.com] Reportedly, Vietnam's Ministry of Industry and Trade launched a provisional antidumping duties on certain cold-rolled stainless steel imported into Vietnam originating in China, Indonesia, Malaysia and Taiwan.
 
Cold-rolled stainless steel products which are classified under HS of 7219.32.00; 7219.33.00; 7219.34.00; 7219.35.00; 7219.90.00; 7220.20.10; 7220.20.90; 7220.90.10; 7220.90.90 will be applied provisional antidumping duties.
 
The current import duty rates of these products will be increased to 10% from 0% and to be effective after 30 days from the date of signing.
 
The investigation of antidumping case was conducted from July 2013 after two Vietnamese companies including Posco Vst Co. Ltd and Inox Hoa Binh Joint Stock Company filed a lawsuit on antidumping over cold-rolled stainless steel imported into Vietnam from China, Indonesia, Malaysia and China's Taiwan.
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