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The Ministry of Industry and Trade reviews anti-dumping tax at the end of the period on cold-rolled stainless steel from 4 markets

29 Oct 2023

The Ministry of Industry and Trade reviews anti-dumping tax at the end of the period on cold-rolled stainless steel from 4 markets

(HSV VIETNAM GROUP) – The current anti-dumping tax rate on some investigated cold-rolled stainless steel products is 10.91 - 37.29% depending on the manufacturer and exporter.

The investigated products are classified according to HS code 7219.32.00; 7219.33.00; 7219.34.00; 7219.35.00; 7219.90.00; 7220.20.10; 7220.20.90; 7220.90.10; 7220.90.90 (Case number: ER02.AD01).

Anti-dumping measures on some cold-rolled stainless steel products originating from Taiwan (China), Indonesia, Malaysia and China were applied from October 5, 2014, according to Decision No. 7896/QD-BCT dated September 5, 2014 of the Minister of Industry and Trade.

On October 21, 2019, the Ministry of Industry and Trade issued Decision No. 3162/QD-BCT on the results of the final review of the case, thereby extending the application of anti-dumping measures for another 5 years.

Accordingly, the anti-dumping tax rate on cold-rolled stainless steel from Taiwan (China) is 37.29%; Indonesia's is 10.91% - 25.06%; Malaysia's is 11.09% - 22.69%; China's is 17.94% - 31.85%.

On July 28, 2023, the Ministry of Industry and Trade announced the receipt of the request for final review of the case and received the request from domestic manufacturing enterprises on August 28, 2023.

On October 23, 2023, the Ministry of Industry and Trade issued Decision No. 2752⁄QD-BCT on the final investigation and review of the application of anti-dumping measures on some cold-rolled stainless steel products originating from Taiwan (China), Indonesia, Malaysia and China.

"The decision to conduct a final review investigation was issued based on the provisions of the law on trade remedies to determine the necessity, reasonableness and socio-economic impact of continuing to apply anti-dumping measures on imported cold-rolled stainless steel products, and assess the possibility of continuation or recurrence of dumping acts causing damage to the domestic industry in the event of termination of anti-dumping measures", the Department of Trade Defense, Ministry of Industry and Trade said. know.

According to legal regulations, after initiating an investigation, the Trade Remedies Department - the investigation agency - will send an investigation questionnaire to relevant parties to collect information to analyze and evaluate the following contents: (i) the possibility of imported goods being dumped if anti-dumping measures end; (ii) the possibility that the domestic industry will suffer significant damage or is threatened with significant damage if the application of anti-dumping measures ends; and (iii) the cause and effect relationship between the possibility of dumping and the possibility of damage suffered by the domestic industry.

The Ministry of Industry and Trade will verify and verify the information provided by relevant parties before completing the official investigation into the case. At the same time, the Ministry of Industry and Trade will also organize public consultations for relevant parties to directly exchange, provide information, and express their views on the case before drawing a final conclusion on the case.

The Ministry of Industry and Trade recommends that all organizations and individuals that are importing, exporting, distributing, trading, and using investigated goods register as related parties and provide necessary information to the Ministry of Industry and Trade to ensure their rights and interests in accordance with the law.

Organizations and individuals can register as related parties in the case with the Investigation Agency according to the Related Party Registration form issued in Appendix 1 attached to Circular No. 37/2019/TT-BCT dated November 29, 2019 of the Minister of Industry and Trade detailing a number of contents on trade remedies measures and send it to the Investigation Agency via official dispatch or email.

Deadline for related party registration is January 16, 2024.

Ha Diem HSV

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Hotline HSV024 6686 1968The Ministry of Industry and Trade reviews anti-dumping tax at the end of the period on cold-rolled stainless steel from 4 markets · HSV Vietnam