Recently, the Korea Trade Commission officially announced the acceptance of a request for an anti-dumping investigation into cold rolled stainless steel from Vietnam.
The goods, known in English as cold rolled stainless steel, are classified under HS codes 7219.31.1010, 7219.31.1090, 7219.31.9000, 7219.32.1010, 7219.32.1090, 7219.32.9000, 7219.33.1010, 7219.33.1090, 7219.33.9000, 7219.34.1010, 7219.34.1090, 7219.34.9000, 7219.35.1010, 7219.35.1090, 7219.35.9000, 7219.90.1010, 7219.90.1090, 7219.90.9000, 7220.20.1010, 7220.20.1090, 7220.20.9000, 7220.90.1010, 7220.90.1090, 7220.90.9000.
In the coming period, the Korean investigative authorities will verify the contents of the investigation request, checking the accuracy, validity, and completeness of the dossier before issuing a formal notice to initiate the investigation. If additional information or amendments are needed, the investigative authorities will notify the petitioner.
Once the dossier is deemed valid, the investigative authorities will issue an official notice to initiate the investigation and will send an investigative questionnaire to foreign producers and exporters, including those from Vietnam, as well as importers in Korea, to collect relevant information and documents.
The investigation period is expected to start from around early 2020 to the present. To protect their legitimate rights and interests, Vietnamese enterprises are advised to contact a reputable law firm specializing in anti-dumping and trade remedy in Vietnam and internationally for timely support.
ASL Law is a leading full-service and independent Vietnamese law firm made up of experienced and talented lawyers. ASL Law is ranked as the top tier Law Firm in Vietnam by Legal500, Asia Law, WTR, and Asia Business Law Journal. Based in both Hanoi and Ho Chi Minh City in Vietnam, the firm’s main purpose is to provide the most practical, efficient and lawful advice to its domestic and international clients. If we can be of assistance, please email to [email protected].
ASL LAW is the top-tier Vietnam law firm for Anti-dumping & countervailing. If you need any advice, please contact us for further information or collaboration.