Thailand Cancels Vietnam's Anti-dumping of GL
Steel NewsDate: 30-06-2023 by: Nhu Quynh
The Department of Foreign Trade of Thailand (DFT) has just issued the final conclusion in the final review of the anti-dumping duties order on steel products originating from Vietnam. Accordingly, DFT has stopped the order to impose anti-dumping duties on GL and extended the duty imposition on PPGI and PPGL.
The Trade Remedies Department said it had received information that DFT has initiated an investigation and review at the end of the anti-dumping duties period with two product lines, GL and PPGI/PPGL of Vietnam. After these two product lines were investigated and anti-dumping orders were imposed five years ago.
In the case of GL, the list of Vietnamese manufacturers and exporters named includes: Hoa Sen Group Joint Stock Company, Nam Kim Steel Joint Stock Company, Member of Hoa Phat Group Joint Stock Company, Dong A Steel Joint Stock Company, Dai Thien Loc Joint Stock Company, Vnsteel Thang Long Coated Sheets Joint Stock Company, Maruichi Sun Steel Joint Stock Company, NS BlueScope Vietnam Co., Ltd., and Southern Steel One Member Co., Ltd.
In the case of PPGI and PPGL, the list of Vietnamese manufacturers and exporters subject to anti-dumping investigations includes Hoa Sen Group Joint Stock Company, Nam Kim Steel Joint Stock Company, Hoa Phat Steel Sheet One Member Limited Liability Company, Dong A Steel Joint Stock Company, Dai Thien Loc Joint Stock Company, Thang Long Vnsteel Coated Steel Joint Stock Company, Maruichi Sun Steel Joint Stock Company, NS Company Limited BlueScope Vietnam, Southern Steel One Member Limited Liability Company, and Fujiton Color Coated Steel Joint Stock Company.
Specifically, the Trade Remedies Department (Ministry of Industry and Trade) said that this case, announced by DFT, will initiate an investigation and review at the end of the period on March 31, 2022. The purpose is to consider whether to continue or not to continue to impose anti-dumping orders on two product lines: GL and PPGI/PPGL of Vietnam. DFT sent the questionnaire and requested that relevant Vietnamese manufacturers and exporters submit their responses before 16:30 on May 2, 2022 (Bangkok time).
In order to ensure its interests, the Trade Remedies Department recommends that relevant organizations coordinate and provide information at the request of the DFT. At the same time, keep in touch with the Trade Remedies Department for timely support.
It is known that in the past, on September 18, 2015, DFT also initiated an anti-dumping investigation of Vietnam's GL and PPGI/PPGL. On March 25, 2017, DFT issued a final decision to apply anti-dumping duties from 4.3% to 60.26% for GL and from 6.2% to 40.49% for PPGI and PPGL imported from Vietnam. The duty rate will be effective for 5 years from the date of issuance.
After the investigation process, on June 7, 2023, the Trade Remedies Department received the final conclusion in this case. Specifically, GL, after the investigation process, DFT decided to terminate the order to impose anti-dumping duties on this product (including 39 HS codes listed under the HS code list of Thai Customs). For PPGI and PPGL, DFT decided to extend the anti-dumping duties from 4.3% to 60.26% (including 39 HS codes listed under the HS code list of Thai Customs). This duty rate will continue to be applied for the next 5 years to prevent the dumping of the above steel products in the domestic market of Thailand, causing serious injury or damage to the domestic industry of this country.
