Australia launches anti-dumping investigation into Vietnam’s aluminium
The Australian Department of Industry, Innovation and Science’s Anti-Dumping Commission has officially launched an investigation into the alleged dumping and subsidisation of aluminium extrusions.
Hanoi (VNA) – The Australian💃 Department of Industry, Innovation and Science’s Anti-Dumping Commission has officially launched an investigation into the alleged dumping and subsidisation of aluminium extrusions imported from Malaysia and Vietnam.
Earlier on June 27, Australian aluminium extrusion manufacturer Capral Limited lodged an application to the commission asking for the investigation, reported the Vietnamese Ministry of Industry and Trade’s Competition Authority.
The application alleges that the goods have been exported to Australia at prices less than their normal value and were in receipt of countervailing subsidies from Malaysia and Vietnam, which has caused material injury to the Australian industry in the form of price suppression, loss of profits and increased stocks.
The investigation will examine exports of the goods to Australia from July 1, 2015 to June 30, 2016, and losses from July 1, 2012.
The product is currently subject to a 5 percent tariff.
Parties concerned are invited to lodge submissions concerning the publication of a dumping or countervailing duty notice sought in the application to The Director Operations 3, GPO Box 1632, Melbourne VIC 3001, Australia or email to operations3@adcommission.gov.au , or fax to +61 3 85392499, no later than September 22.
The official information about the investigation can be found on the website www.adcommission.gov.au.-VNA
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Illustrative image (Source: capral.com.au)
