Vietnam imposes anti-dumping duties on Malaysia’s steel products
(VOVWORLD) - H-beam steel products originating from Malaysia will be levied a temporary anti-dumping duty of 10.2% in Vietnam, according to a recent decision from the Ministry of Industry and Trade.
Illustrative photo by the Ministry of Industry and Trade |
The ministry launched an investigation last August into Malaysian steel products following a request filed by local manufacturers in July 2020.
During the eight-month preliminary investigation, the ministry, in cooperation with stakeholders, thoroughly reviewed and assessed the impact of the dumping of imported H-beams on domestic production and end-users, and determined the margin of dumping by producers and exporters.
The ministry will continue working with concerned parties to identify H-beam products eligible for exemptions from anti-dumping duties and will conduct a comprehensive assessment on how the case influences stakeholders, including end-users.