ACCOUNT PROFILE

Australia delays conclusion on anti-dumping probe into Việt Nam’s painted steel strapping

Posted on 23 August 2021

The Anti-Dumping Commission of Australia (ADC) has announced the fifth extension of time granted to issue the final report on an investigation into the alleged dumping and subsidisation of painted steel strapping from China and Việt Nam.

Accordingly, the due date for the final report issuance is now extended to October 26, 2021, the Trade Remedies Authority of Việt Nam cited the ADC notice as saying.

The ADC also officially concluded that Sam Hwan Vina Co Ltd, the largest Vietnamese exporter in this investigation, No 553, has dumped painted steel strapping, but the dumping margin is less than 2 per cent, so it decided to terminate the probe into this firm.

With an export turnover of about US$4.6 million, the Sam Hwan Vina Co Ltd accounts for 83 per cent of Việt Nam’s exports of the product, the authority said.

The investigation into the remaining businesses of China and Việt Nam will continue.

The ADC is due to report to the Minister for Industry, Science and Technology in respect of this investigation on or by 26 October this year. The applicant for this probe may request a review of the decision within 30 days of the notice publication, according to the ADC.

Meanwhile, ADC has just issued an official notice on the termination of the anti-dumping and anti-subsidy investigation on precision pipe and tube steel imported from Việt Nam and Taiwan (China).

After an investigation, this agency concluded there had been no dumping of the goods by exporters from Việt Nam. Besides, the total volume of goods exported to Australia from Taiwan and Việt Nam over the investigation period was negligible. 

The investigation into the alleged dumping of the goods from China and Korea will continue.

Source : Vietnam News