Recently, the Department of Foreign Trade of Thailand (the investigating authority) published an official notice on the initiation of an anti-dumping investigation into cold-rolled stainless steel products originating from or imported from Vietnam.
The petitioner is Posco-Thainox Public Company Limited. The investigated steel products are classified under the following HS codes: 7219.32.00.020, 7219.32.00.030, 7219.32.00.040, 7219.32.00.080, 7219.32.00.090, 7219.33.00.020, 7219.33.00.030, 7219.33.00.040, 7219.33.00.080, 7219.33.00.090, 7219.34.00.020, 7219.34.00.030, 7219.34.00.040, 7219.34.00.080, 7219.34.00.090, 7219.35.00.020, 7219.35.00.030, 7219.35.00.040, 7219.35.00.080, 7219.35.00.090, 7219.90.00.000, 7220.20.10.020, 7220.20.10.030, 7220.20.10.040, 7220.20.10.080, 7220.20.10.090, 7220.20.90.020, 7220.20.90.030, 7220.20.90.040, 7220.20.90.080, 7220.20.90.090, 7220.90.10.000, and 7220.90.90.000.
Investigation period: July 1, 2023 – June 30, 2024
Pre-initiation period: July 1, 2022 – June 30, 2023
Companies that have received the questionnaire are required to provide answers and submit the completed questionnaire to the investigating authority by the stipulated deadline. In cases where interested parties have engaged in importing or exporting the investigated product during the investigation period but did not receive the questionnaire, they can contact the investigating authority to register as an interested party.
The deadline for registration is 15 days from the date of the initiation notice. Failure to participate in the investigation may result in the company being subject to an unfavorable nationwide duty rate.
In recent years, Vietnam’s production of cold-rolled stainless steel has experienced significant growth, driven by the strong development of the domestic steel industry and the increasing demand in sectors such as construction, automotive manufacturing, and household appliances.
Vietnam is home to several modern cold-rolled stainless steel production plants, particularly from major corporations like Hòa Phát and Posco Vietnam, along with several foreign investors. These companies have invested in advanced technology cold-rolling production lines to meet domestic demand and cater to export markets.
However, this growth has also led to the risk of Vietnamese cold-rolled stainless steel manufacturers being subjected to anti-dumping investigations from international authorities, as seen with the current investigation by Thailand.
To protect their legitimate interests, related manufacturers and exporters should familiarize themselves with the procedure and actively contact Vietnamese law firms specializing in anti-dumping and trade remedy for timely assistance.
Download the documents here.
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