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VCA investigates anti-dumping allegations on steel imports
01/07/2016 12:00
Several domestic steel manufacturers have requested the Vietnam Competition Authority (VCA) to investigate the merits of filing an anti-dumping action against companies from China, Indonesia, Malaysia and Taiwan.
The domestic companies are alleging that colour-coated steel sheet imports from the aforementioned are being sold in the Vietnamese market at below the local cost to produce.
In addition, the domestic companies are alleging irreparable harm to the industry segment.
The VCA has said it would look into the matter and has asked the companies to produce documentation for the past three years to support their allegations, before it makes a final determination on the appropriate course of action to take.
The domestic companies are alleging that colour-coated steel sheet imports from the aforementioned are being sold in the Vietnamese market at below the local cost to produce.
In addition, the domestic companies are alleging irreparable harm to the industry segment.
The VCA has said it would look into the matter and has asked the companies to produce documentation for the past three years to support their allegations, before it makes a final determination on the appropriate course of action to take.
Source: Vietnamnet
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