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VIETNAM IMPOSES ANTI-DUMPING DUTIES ON MALAYSIA’S STEEL PRODUCTS

18/05/2021

(VOVWORLD) – H-beam steel products originating from Malaysia will be levied a temporary anti-dumping duty of 10.2% in Vietnam, according to a recent decision from the Ministry of Industry and Trade.

Illustrative photo by the Ministry of Industry and Trade

The ministry launched an investigation last August into Malaysian steel products following a request filed by local manufacturers in July 2020.

During the eight-month preliminary investigation, the ministry, in cooperation with stakeholders, thoroughly reviewed and assessed the impact of the dumping of imported H-beams on domestic production and end-users, and determined the margin of dumping by producers and exporters.

The ministry will continue working with concerned parties to identify H-beam products eligible for exemptions from anti-dumping duties and will conduct a comprehensive assessment on how the case influences stakeholders, including end-users.

Theo: Vnexpress

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