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Friday, September 20, 2024

Vietnam’s HRC steel exports may face dumping investigation

By Gia Nghi

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HCMC – The European Commission (EC) has received a request to conduct an anti-dumping investigation into hot-rolled coil (HRC) steel imported from Vietnam.

A statement from the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade indicates that the EC has received a complete and valid application for investigating the possible dumping of hot-rolled steel coils, both non-alloyed and alloyed, originating from Vietnam, on the EU market.

According to the authority, if an investigation is initiated, the EC will send relevant parties documents including the request for investigation, the decision to initiate the investigation, and an investigation questionnaire.

The EC has requested that full information, including the address, contact person, and email of steel exporters, be provided by August 5. The Trade Remedies Authority of Vietnam advises steel exporters to prepare the required information, stay updated on the matter, and take appropriate measures in response.

On July 29, the Ministry of Industry and Trade announced the initiation of a dumping investigation of HRC steel originating from China and India, following requests made by Hoa Phat, Formosa Ha Tinh, and relevant businesses.

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