On October 23, 2023, Vietnam issued Decision No. 2751/QĐ-BCT regarding the end-of-term review of the application of anti-dumping measures on certain flat rolled alloy or non-alloy steel products, painted or coated, imported from South Korea and China into Vietnam.
The flat rolled alloy or non-alloy steel products, painted or coated, imported from South Korea and China, are classified under HS codes 7210.70.12, 7210.70.13, 7210.70.19, 7210.70.21, 7210.70.29, 7210.70.91, 7210.70.99, 7212.40.11, 7212.40.12, 7212.40.13, 7212.40.14, 7212.40.19, 7212.40.91, 7212.40.99, 7225.99.90, and 7226.99.
Case Number: ER01.AD04
To determine whether the discontinuation of anti-dumping measures on the flat rolled alloy or non-alloy steel products, painted or coated, imported from South Korea and China, continues to impact the Vietnamese market and domestic enterprises producing similar products, the initiation to conduct this investigation was made in accordance with the trade remedy laws.
Furthermore, the decision to continue or discontinue the application of trade remedy measures will primarily depend on the assessment of the likelihood of recurrence of dumping practices if the trade remedy measures are terminated.
In 2021, Vietnam issued Decision No. 786/QD-BCT regarding the results of the new exporter review and Decision No. 1283/QD-BCT regarding the results of the first review in the case.
At the end of 2022, Vietnam issued Decision No. 2964/QD-BCT to amend and supplement Decision No. 1283/QD-BCT. Accordingly, the end-of-term anti-dumping duties imposed on Chinese companies exporting alloy or non-alloy steel products range from 2.56% to 34.27%, and Korean companies range from 4.95% to 19.25%.
On July 25, 2023, Vietnam announced the acceptance of applications for the end-of-term review of the case and has received complete and valid applications from domestic manufacturing companies.
After issuing the notice to initiate the review on October 23, 2023, the investigating authority will send questionnaires to relevant parties to gather information related to the case. This information will assist the investigating authority in deciding whether to terminate or continue imposing anti-dumping duties for another 5 years.
The Ministry of Industry and Trade of Vietnam will verify the information provided by the relevant parties before making the official investigation conclusion on the case. Additionally, the Ministry of Industry and Trade will organize public consultations for direct stakeholders to exchange information and express their views on the case before reaching the final conclusion.
In the event that there are manufacturing companies exporting products under investigation but are not listed as relevant parties in the notice, these companies must submit the Application Form to become a relevant party to the investigating authority before January 16, 2024, to avoid unfavorable nationwide common duty imposition.
Decision No. 2751/QD-BCT can be downloaded here.