Vietnam - Anti-dumping measures on flat rolled, painted or varnished or plastic coated alloy steel or non-alloy steel (AD04)
18/06/2018 12:00
On June 18, 2018, the Ministry of Industry and Trade issued Decision No. 1711/QD-BCT on anti-dumping measures application on coated steel products imported into Vietnam originating from the People’s Republic of China (China) and the Republic of Korea (Korea) (case number AD04).
I. Relevant information:
1. Initiated date: October 15, 2018
2. Good in investigation: Color-coated steel
HS Code: 7210.70.11, 7210.70.19, 7210.70.91, 7210.70.99, 7212.40.11, 7212.40.12, 7212.40.19, 7212.40.91, 7212.40.92, 7212.40.99, 7225.99.90, 7226.99.19, 7226.99.99
3. Investigation period: October 15, 2018 – June 18, 2019
4. Petitioner: Dai Thien Loc Joint Stock Company, Ton Phuong Nam Company, Nam Kim Steel Company and TVP Steel Joint Stock Company;
5. Provisional anti-dumping measures
After nearly 8 months of preliminary investigation in compliance with the provisions of the World Trade Organization, the Law on Foreign Trade Management and related regulations, the Ministry of Industry and Trade collaborated with relevant units to review and evaluate thoroughly the impact of dumping of imported goods on the activities of domestic manufacturing industry, the extent of dumping of manufacturing and exporting enterprises of China and South Korea as well as considering, calculating the impact on downstream manufacturing industries and consumers of color-coated steel products.
The investigation result shows that, although safeguard measures in the form of tariff quotas are applied, the volume of imported goods within the quota shows signs of dumping with a relatively high margin, from 3.45%. up to 34.27%, continuing to pose a significant threat to the damage of the domestic coated steel industry.
The aforementioned dumping act continues to put considerable pressure on the indicators of the domestic manufacturing industry, expressed in criteria such as production output, sales volume, turnover and profit, market share, and inventories, all of which experience considerable fluctuations during the investigation period, especially in the last 7 months of 2018 to date, these indicators all show a clear downward trend, a lot of real estate enterprises domestic production suffered a loss, many production lines had to stop operating and a large number of laborers lost their jobs.
On June 18, 2019, the Ministry of Industry and Trade issued Decision No. 1711 / QD-BCT to apply provisional anti-dumping measures to some color-coated steel products (commonly known as color corrugated iron). Originating from China and South Korea.
Goods subject to the provisional anti-dumping duty are those originating from the People's Republic of China (China) and the Republic of Korea (South Korea), temporarily in force for 165 days, specifically from June 25, 2019 to the end of October 21, 2019 with the following tax rates:
No. | Manufacturers | Related trading companies | Provisional anti-dumpong measures |
CHINA | |||
1 | Shandong Province Boxing County Juxinyuan Precision Sheet Co., Ltd. | Shandong Julong Steel Plate Co., Ltd. | 14,25% |
2 | Shandong Glory Import & Export Co., Ltd. | - | 8,62% |
3 | BYieh Phui (China) Technomaterial Co., Ltd. | Chin Fong Metal Pte Ltd | 3,45% |
4 | Shandong Zhongtai Steel., Ltd. | Qingdao Shengheng Weiye International Trading Co., Ltd. | 14,92% |
5 | Shandong Sanyi Industry Co., Ltd. | Shandong Hiking International Commerce Group Co., Ltd. | 18,22% |
6 | Zibo Xincheng Materials Co., Ltd. | Shandong Hiking International Commerce Group Co., Ltd. | 18,36% |
7 | Shandong Rio Tinto New Material Co., Ltd. | Shandong Hiking International Commerce Group Co., Ltd. | 30,61% |
8 | Shangdong Boxing County Fada Material Co., Ltd. | 1. AHCOF International Development Co., Ltd. 2. Wuhan Baolixin Trading Company Limited 3. Qingdao Fortune Land International Trade Co., Ltd. |
22,46% |
9 | Wuhan Hanke Color Metal Sheet Co., Ltd. | Wuhan Baolixin Trading Company Limited | 34,27% |
10 | Shandong Longfa Steel Plate Co., Ltd. | Shandong Longcheng Exporting Co., Ltd. | 21,10% |
11 | Shandong Ye Hui Coated Steel Co., Ltd. | Shandong Boxing Ying Xiang International Trade Co., Ltd. | 18,41% |
12 | Shandong Boxing Huaye Industry & Trade Co., Ltd. | 1. Shandong Gengxiang Import and Export Trade Co., Ltd. 2. Gansu Nuokeda Trading Co., Ltd. 3. Suzhou Yogiant Trading Co., Ltd 4. Qingdao Fortune Land International Trade Co., Ltd |
34,27% |
13 | Hangzhou Fuyuanhua Colour Steel Co., Ltd. | Hefei Hexing Coated Steel Co., Ltd | 24,24% |
14 | Jiangsu East Steel Co., Ltd. | - | 13,85% |
15 | Shandong Huijin Color Steel Co., Ltd. | LS (Shanghai) International Trading Co., Ltd. | 22,77% |
16 | Shandong Lantian Steel Structure Project Co., Ltd. | Shandong Ruichen Industry and Trade Co., Ltd. | 21,71% |
17 | Zhejiang Huada New Materials Co., Ltd. | Hefei Hexing Coated Steel Co., Ltd | 6,27% |
18 | Zhejiang Yintu New Buildings Materials Co., Ltd. | AHCOF International Development Co., Ltd. | 19,93% |
19 | Bazhou Shengfang Zhixing Pipe Making Co., Ltd. | Qingdao Fortune Land International Trade Co., Ltd. | 34,27% |
20 | Other exporters from China | 34,27% |
KOREA | |||
21 | Dongkuk Steel Mill. Co., Ltd. | SK Networks. Co., Ltd. | 18,08% |
22 | Dongbu Incheon Steel | ST. International | 4,48% |
23 | Other exporters from Korea | 19,25% |
6. Official anti-dumping measures
No. | Manufacturers | Related trading companies | Provisional anti-dumpong measures |
CHINA |
|||
1 |
Shandong Province Boxing County Juxinyuan Precision Sheet Co., Ltd. |
Shandong Julong Steel Plate Co., Ltd. |
17,43% |
2 |
Yieh Phui (China) Technomaterial Co., Ltd. |
Chin Fong Metal Pte Ltd |
2,53% |
3 |
Shandong Zhongtai Steel., Ltd. |
Qingdao Shengheng Weiye International Trading Co., Ltd. |
16,58% |
4 |
Shandong Sanyi Industry Co., Ltd. |
Shandong Hiking International Commerce Group Co., Ltd. |
18,22% |
5 |
Zibo Xincheng Materials Co., Ltd. |
Shandong Hiking International Commerce Group Co., Ltd. |
18,36% |
6 |
Shandong Rio Tinto New Material Co., Ltd. |
Shandong Hiking International Commerce Group Co., Ltd. |
30,61% |
7 |
Shangdong Boxing County Fada Material Co., Ltd. |
1. AHCOF International Development Co., Ltd. |
34,27% |
8 |
Wuhan Hanke Color Metal Sheet Co., Ltd. |
Wuhan Baolixin Trading Company Limited |
34,27% |
9 |
Shandong Longfa Steel Plate Co., Ltd. |
Shandong Longcheng Exporting Co., Ltd. |
21,03% |
10 |
Shandong Ye Hui Coated Steel Co., Ltd. |
Shandong Boxing Ying Xiang International Trade Co., Ltd. |
13,13% |
11 |
Shandong Boxing Huaye Industry & Trade Co., Ltd. |
1. Shandong Gengxiang Import and Export Trade Co., Ltd. |
34,27% |
12 |
Hangzhou Fuyuanhua Colour Steel Co., Ltd. |
Hefei Hexing Coated Steel Co., Ltd |
24,24% |
13 |
Jiangsu East Steel Co., Ltd. |
- |
13,26% |
14 |
Shandong Huijin Color Steel Co., Ltd. |
LS (Shanghai) International Trading Co., Ltd. |
22,77% |
15 |
Shandong Boxing Fyada New Materials Co., Ltd |
Shandong Glory Import and Export Co., Ltd |
10,17% |
16 |
Shandong Lantian Steel Structure Project Co., Ltd. |
Shandong Ruichen Industry and Trade Co., Ltd. |
21,71% |
17 |
Zhejiang Huada New Materials Co., Ltd. |
Hefei Hexing Coated Steel Co., Ltd |
5,06% |
18 |
Zhejiang Yintu New Buildings Materials Co., Ltd. |
AHCOF International Development Co., Ltd. |
19,93% |
19 |
Bazhou Shengfang Zhixing Pipe Making Co., Ltd. |
Qingdao Fortune Land International Trade Co., Ltd. |
34,27% |
20 |
Other exporters from China |
34,27% |
|
KOREA |
|||
21 |
Dongkuk Steel Mill. Co., Ltd. |
SK Networks. Co., Ltd. |
10,48% |
22 |
Dongbu Incheon Steel |
ST. International |
4,71% |
23 |
Other exporters from Korea |
19,25% |
7. Outcomes of the first review
On April 20, 2021, the Ministry of Industry and Trade issued Decision No. 1283/QĐ-BCT on the outcomes of the first review of anti-dumping measures application on the products with the tax rates to China (2,56% - 34,27%) and Korea (4,95% - 19,25%).
8. Outcomes of the review of new exporters
On January 01, 2023, the Ministry of Industry and Trade issued Decision No. 84/QĐ-BCT on the outcomes of the review of new exporters of the products from China and Korea:
No. |
Manufacturers/Exporters |
Related trading companies |
Anti-dumping measures |
1 |
Boxing Hengrui New Material Co. Ltd |
1. Zhejiang Junjing Zhiye International Trading Co. Ltd 2. Zhejiang Wanxihongyue International Trading Co. Ltd |
3,88% |
9. Sunset review:
On October 23, 2023, the Ministry of Industry and Trade issued Decision No. 2751/QĐ-BCT on the sunset review of the application of anti-dumping measures on a number of alloy steel products or flat-rolled, painted non-alloy originating from Korea and China.
II. Case calendar
Date (D/M/Y) |
Event |
15/10/2018 |
Initiation of investigation (Decision No. 3877/QĐ-BCT) |
18/06/2019 |
Issuance of provisional anti-dumping measures (Decision No. 1711/QĐ-BCT) |
11/09/2019 |
03 Decision on the exemption from the application of anti-dumping measures |
24/10/2019 |
Issuance of official anti-dumping measures (Decision No. 3198/QĐ-BCT) |
11/11/2020 |
Issuance of Decision on review of new exporters (Decision No. 2880/QĐ-BCT) |
20/04/2021 |
Issuance of the outcomes of the first review of anti-dumping measures application (Decision No. 1283/QĐ-BCT) |
05/05/2022 |
Decision No. 843/QD-BCT on upholding the application of anti-dumping measures |
31/08/2022 |
Issuance of Decision on review of new exporters (Decision No. 1758/QĐ-BCT) |
18/01/2023 |
Issuance of Decision on the outcomes of the review of new exporters (Decision No. 84/QĐ-BCT) |
23/10/2023 | Initiation of sunset review (Decision No. 2751/QĐ-BCT) |
III. Related news
Vietnam initiates anti-dumping investigation on color-coated steel imported from China, Korea (AD04)
The case documents are attached below:
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