Vietnam: Anti-dumping investigation on hot-rolled coils from IN and CN
Date of publication: September 12th, 2024
The Vietnam Ministry of Industry and Trade (MOIT) has initiated an anti-dumping investigation into hot-rolled steel imports from China and India, following allegations from domestic steel producers that these imports are being sold at below-normal value or production cost, causing substantial injury to the domestic industry. The investigation, formally commenced on July 26, 2024, under Decree No. 1985/QD-BCT, will collect and verify data from July 1, 2023, to June 30, 2024, to assess the dumping margin and from July 1, 2021, to June 30, 2024, to evaluate the injury to the domestic industry (Case AD20). The process involves issuing questionnaires, holding public hearings, and making a final determination within 12 months, extendable to 18 months in exceptional circumstances.
Key points
Timelines
- July 1, 2021 - June 30, 2024: Period for evaluating the injury to the domestic industry.
- July 1, 2023 - June 30, 2024: Period for assessing the dumping margin.
- July 26, 2024: MOIT issued Decree No. 1985/QD-BCT to formally commence the anti-dumping investigation (Case AD20).
- Within 12 months from July 26, 2024:Deadline for completing the anti-dumping investigation.
- Potential extension to 18 months: In exceptional circumstances, the investigation period may be extended but shall not exceed 18 months.
Hot-rolled coils (HRC)with the following HS codes are under investigation
HS Codes |
|---|
HS 7208.25.00 |
7208.26.00 |
7208.27.29 |
7208.27.99 |
7208.37.00 |
7208.38.00 |
7208.39.20 |
7208.39.40 |
7208.39.90 |
7208.51.00 |
7208.52.00 |
7208.53.00 |
7208.54.90 |
7208.90.90 |
7211.14.15 |
7211.14.16 |
7211.14.19 |
7211.19.13 |
7211.19.19 |
7211.90.12 |
7211.90.19 |
7225.30.90 |
7225.99.90 |
7226.91.10 |
7226.91.90 |
7226.99.19 |
7226.99.99 |
Review and decision timeline
- March 19, 2024: The Trade Remedies Authority of Vietnam received a request from several Vietnamese steel manufacturers to initiate an anti-dumping investigation on hot rolled steel (HRC) originating from China and India.
- Early April 2024: The Anti-Dumping and Subsidy Investigation Division requested additional information from the steel enterprises that petitioned for the investigation.
- April 26, 2024: The petitioning parties submitted the requested additional information and documents. Before this, on May 13, 2024: The Trade Remedies Authority issued another notice requesting further supplemental information from the petitioning parties.
- May 31, 2024: The petitioning parties submitted the additional and complete information as required.
- June 14, 2024: The Trade Remedies Authority confirmed that the request dossier for the anti-dumping investigation was complete and valid under trade remedy laws.
- July 26, 2024: The Ministry of Industry and Trade of Vietnam issued Decision No. 1985/QD-BCT to initiate an anti-dumping investigation on certain hot-rolled steel products from India and China.
- August 8, 2024: The Trade Remedies Authority issued Notice No. 105/PVTM regarding the release of the investigation questionnaire for domestic producers and importers involved in the anti-dumping investigation.
Contact information – Trade Remedies Authority of Vietnam
Address
: 8th Floor, 23 Ngo Quyen, Hoan Kiem, Hanoi, VietnamTel
: 024.7303.7898(117)Email
– Vu Thi Ha Phuong: phuongvth@moit.gov.vnWebsite
: pvtm.gov.vnFor more information on how ONESOURCE Global Trade Solutions can assist you in adopting our Global Trade Content, please contact your Account Manager or Client Services Manager.