US not to launch probe into Vietnam’s corrosion-resistant steel
The US Department of Commerce (DOC) has decided not to initiate an investigation into the alleged circumvention of anti-dumping duties by Vietnam’s corrosion-resistant steel products (CORE) made from cold rolled steel (CRS) and hot rolled steel (HRS) imported from Japan.
Hanoi (VNA) – The US Department of Commerce(DOC) has decided not to initiate an investigation into the allegedcircumvention of anti-dumping duties by Vietnam’s corrosion-resistant♈ steelproducts (CORE) made from cold rolled steel (CRS) and hot rolled steel (HRS)imported from Japan.
In an announcement issued on December 20, the DOC statedthat the plaintiff had failed to provide an adequate basis for the initiation of aminor-alteration circumvention inquiry for both of these orders, according to theTrade Remedies Authority of Vietnam (TRAV). The department has found that CORE is not included in thesame tariff classification as HRS and CRS. The DOC said this will be the final decision on the allegationand it will not consider any following comments or requests regarding this conclusion. The TRAV called on domestic firms to comply with regulationsin production and origin certificates so as to ensure their rights and interestsand avoid anti-dumping investigations in the future. The authority and relevant agencies will keep a close watch andupdate on the case./.
As the domestic market has been heavily affected by the COVID-19 pandemic, many small steel enterprises experienced a sharp decline in profit in the third quarter of 2021.
The US Department of Commerce (DOC) has received a request for investigation into the alleged circumvention of anti-dumping duties by Vietnam’s corrosion-resistant steel products (CORE) made from cold rolled steel (CRS) and hot rolled steel (HRS) imported from Japan.
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Vietnam’s corrosion-resistant steel products (CORE) (Photo: congthuong.vn) 
