Vietnam - Anti-circumvention of trade remedies investigation on Steel wire, coil (AC01.SG04)
27/07/2018 12:00
On July 26, 2018, the Ministry of Industry and Trade of Vietnam issued a decision to initiate an anti-circumvention of trade remedies investigation on steel wire/ coil products imported into Vietnam from other countries and territories.
This is the first anti-circumvention of trade remedies investigation that Vietnam has conducted. This lawsuit is based on the suspicion of anti-circumvention from the original lawsuit with the case code SG04, after Vietnam applied an official defense against billet and long steel products. imported into Vietnam
Some key information of the case:
1. Initiated date: July 26th 2018
2. Petitioner: HOA PHAT HAI DUONG STEEL JSC & THAI NGUYEN MINING AND METALLLURGY COMPANY LIMITED
3. Product under investigation: Steel wire/ coil products with HS code: 7213.91.90, 7213.99.90, 7217.10.10, 7217.10.29, 7229.90.99, 9839.10.00 and 9839.20.00
Final conclusion
On May 13, 2019, the Ministry of Industry and Trade issued Decision No. 1230 / QD-BCT on the anti-circumvention of trade remedies for wire and coil products imported into Vietnam.
The countermeasure against anti-circumvention is applied in the form of additional import tax with the tax rate of 10.9% from May 28, 2019 to the end of March 21, 2020 (if the safeguard measure is head does not renew).
Extension of anti-circumvention measures
Effective date | Tariff rate |
22/03/2020 - 21/03/2021 | 9.5% |
22/03/2021 - 21/03/2022 | 7,9% |
22/03/2022 - 21/03/2023 | 6,4% |
from 22/03/2023 on | 0% (without extending safeguard measures) |
Pursuant to Point c, Clause 1, Article 16 of Circular 37/2019/TT-BCT dated November 29, 2019 of the Ministry of Industry and Trade detailing a number of contents on trade remedies, the Trade Protection Department has issued a Notice No. 19/TB-PVTM on the receipt of dossiers of request for exemption from trade remedies in the above cases.
After receiving and handling according to regulations, the Ministry of Industry and Trade has issued 11 Decisions on the exemption from the application of safeguard measures and measures to combat evasion of trade remedies, specifically:
No. |
Exempted Businesses |
Decision No. |
Amount of exemptions in 2021 (tons) |
Exemption from safeguard measures for billet and long steel products – case ER01.SG04 | |||
1 |
Kim Tin Group Joint Stock Company |
2.842 |
|
2 |
Kim Tin Hung Yen Joint Stock Company |
1.752 |
|
3 |
Viet Duc Electric Welding Rod Joint Stock Company |
3.631 |
|
4 |
Atlantic Vietnam welding rod manufacturing Co., Ltd. |
1.218 |
|
Exemption from anti-circumvention measures for steel products – case AC01.SG04 | |||
5 |
Kim Tin Group Joint Stock Company |
602 |
|
6 |
Kim Tin Hung Yen Joint Stock Company |
200 |
|
7 |
Kao Meng Mechanical Co., Ltd (Vietnam) |
179 |
|
8 |
Sunway Precision Steel JSC |
363 |
|
9 |
Lam Vien Vinh Phuc HHCN Co., Ltd |
1.174 |
|
10 |
Daeho Steel Vietnam Co., Ltd |
8.342 |
|
11 |
Vinh Thanh Steel Co., Ltd |
1.645 |
Pursuant to Point c, Clause 1, Article 16 of Circular 37/2019/TT-BCT dated November 29, 2019 of the Ministry of Industry and Trade detailing a number of contents on trade remedies, the Trade Protection Department has issued a Notice No. 18/TB-PVTM dated September 6, 2021 on the receipt of dossiers of request for exemption from trade remedies in the above cases.
After receiving and handling according to regulations, the Ministry of Industry and Trade has issued 07 Decisions on exemption from the application of safeguard measures and measures to combat evasion of trade remedies for 2021 and 2022, specifically:
No. |
Exempted Businesses |
Decision No. |
Amount of exemptions in 2021 (tons) |
Exemption from safeguard measures for billet and long steel products – case ER01.SG04 | |||
1 |
Chia Chen Co., Ltd (2021) |
2678/QĐ-BCT |
129 |
2 |
Atlantic Vietnam welding rod manufacturing Co., Ltd (2022) |
2679/QĐ-BCT |
1.218 |
Exemption from anti-circumvention measures for steel products – case AC01.SG04 | |||
3 |
Sunway Precision Steel JSC (2022) |
2675/QĐ-BCT |
575 |
4 |
Sunway Precision Steel JSC (2021 implement) |
2674/QĐ-BCT |
147 |
5 |
Lam Vien Vinh Phuc HHCN Co., Ltd (2022) |
2670/QĐ-BCT |
1.085 |
6 |
Daeho Steel Vietnam Co., Ltd (2022) |
2677/QĐ-BCT |
11.310 |
7 |
Chia Chen Co., Ltd (2021) |
2676/QĐ-BCT |
119 |
3.2. On March 21, 2023, the Ministry of Industry and Trade issued Decision No. 693/QD-BCT on extending the application of anti-circumvention measures against trade remedies (PVTM) for coil and wire products with HS codes: 7213.91.90, 7217.10.10, 7217.10.29, 7229.90.99, 9839.10.00 imported into Vietnam with specific tax rates and effective time as follows:
Thời gian có hiệu lực |
Mức thuế |
From 22/3/2023 to 21/3/2024 |
6,3% |
From 22/3/2024 to 21/3/2025 |
6,2% |
From 22/3/2025 to 21/3/2026 |
6,1% |
From 22/3/2026 on |
0% |
4. Investigation process:
Date (D/M/Y) | Events |
26/07/2018 | Initiation of investigation (Decision 2622/QĐ-BCT) |
17/01/2019 | Public consultation session |
25/01/2019 | Extension of investigation time (Decision 171/QĐ-BCT) |
13/05/2019 | Issued Decision No.1230 / QD-BCT on the anti-circumvention of trade remedies |
17/05/2019 | Notice of receipt of application for exemption for steel products that cannot be produced domestically |
29/05/2019 | Issuing Decision No.1483/ QD-BCT exempting the anti-circumvention of trade remedies counter measures for Daeho Company |
19/06/2019 | Issued Decision 1727/ QD-BCT to exempt the anti-circumvention of trade remedies counter measures for Lam Vien Vinh Phuc Company Issued Decision 1728/ QD-BCT to exempt the Vinh Thanh Company from applying anti-circumvention measures |
16/08/2019 | Issued Decision 2540/ QD-BCT to waive the anti-circumvention of trade remedies counter measures for Sunway Company |
20/03/2020 | Issued Decision No. 920/ QD-BCT to extend the anti-circumvention of trade remedies counter measures |
21/03/2023 | Issued Decision No. 693/QĐ-BCT on extending the anti-circumvention measures |
The related documents are attachted in the file below (Vietnamese version):
Các tin khác
- Vietnam - Safeguard measures on Fertilizers(SG06) (12/05/2017)
- Vietnam - Safeguard measures on Pre – Painted Galvanized Iron (SG05) (20/07/2016)
- Vietnam - Safeguard measures on Steel billet and Long steel (SG04) (25/12/2015)
- Vietnam - Safeguard measures on Monosodium Glutamate (SG03) (04/09/2015)
- Vietnam - Safeguard measures on Vegetable oils (SG02) (30/11/2012)