Vietnam exporters cleared of charge on circumventing anti-dumping tax
The Turkish Ministry of Economy has confirmed that three Vietnamese exporters of welded cold-rolled stainless steel pipes did not circumvent anti-dumping duties.
Three Vietnamese exporters of welded cold-rolled stainless steel pipes were confirmed to not circumvent anti-dumping duties in Turkey (Photo: VNA)
Hanoi (VNA)𝕴 – The Turkish Ministry of Economy has confirmed that three Vietnamese exporters of welded cold-rolled stainless steel pipes did not circumvent anti-dumping duties, according to the Vietnam Competition Authority.
The Vietnam Trade Office in Turkey informed the Vietnam Competition Authority about the Turkish ministry’s final decision on March 23.
On December 12, 2014, the Turkish ministry’s General Directorate of Imports initiated an investigation into welded cold-rolled stainless steel pipes hailing from Vietnam. It suspected that Chinese and Taiwanese makers of welded cold-rolled stainless steel pipes subject to Turkey’s anti-dumping duties shipped their products to Turkey through Vietnam and Malaysia to evade the tariffs.
In Turkey’s final conclusions, three Vietnamese companies (Inox Hoa Binh JSC, Sonha International Corporation, and OSS Dai Duong International JSC) have proved that they have produced the products on their own, not made any circumvention transactions, and fully cooperated throughout the inquiry process. Therefore, they are confirmed to not have evaded tariffs.
Other companies, which failed to answer the questionnaire as fully as required or provide detailed information, will be subject to an anti-dumping duty rate of 25.27 percent. The rate is also being imposed on welded cold-rolled stainless steel pipes from China.-VNA
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Three Vietnamese exporters of welded cold-rolled stainless steel pipes were confirmed to not circumvent anti-dumping duties in Turkey (Photo: VNA)
