The Australian Anti-Dumping Commission has determined that the dumping margin of a Vietnamese company is below 2%, therefore no duties will be imposed.

The Trade Remedies Department ( Ministry of Industry and Trade ) announced that on December 16, the Australian Anti-Dumping Commission (ADC) issued a notice regarding the partial termination of the anti-dumping investigation into hot-rolled reinforcing steel bars imported from Indonesia, Thailand, Malaysia, Turkey, and Viet Nam.

Accordingly, the investigation was initiated by ADC on September 24, 2024, following a request from the Plaintiff, Infrabuild NSW Pty Limited (InfraBuild), under section 269TB (1) of the Australian Customs Act 1901. Based on the results of the investigation, review of the case file, and comments from the parties involved, ADC decided to terminate the investigation against specific businesses from several countries, including Viet Nam.

Specifically, a Vietnamese enterprise was determined by the ADC to have engaged in dumping practices in its exports, but the dumping margin was less than 2% of the weighted average export price. Under Australian law, this margin is considered de minimis. Therefore, the ADC decided to terminate the investigation against this enterprise under section 269TDA(1)(b)(ii) of the Act.

Termination Report No. 655, which outlines the factual and legal basis for the ADC's decision, has been posted on the ADC's public records at www.adcommission.gov.au. However, according to the Trade Remedies Department, despite the termination of the investigation against the aforementioned companies, the anti-dumping investigation into hot-rolled reinforcing steel from the investigated countries continues against other exporters and countries within the scope of the case.

Under Australian law, the plaintiff (InfraBuild) has the right to request a review of the decision to terminate the investigation by submitting an application to the Anti-Dumping Review Panel using the prescribed form and procedures within 30 days of the date of publication of this notice.

Although the ADC has decided to terminate the investigation for one Vietnamese exporting company – which was also the largest exporter of the investigated product during the period – the Trade Remedies Department recommends continuing to monitor further developments, in case the Petitioner requests the Review Board to reconsider the ADC's termination conclusion.

In addition, relevant Vietnamese steel manufacturers and exporters should: continue to closely monitor developments in the remaining investigation phase; proactively cooperate and provide complete information to the Australian investigating authority when requested; and closely coordinate with the Trade Remedies Department to exchange information and handle any new developments in the case.

The Trade Remedies Department emphasized that it will continue to closely monitor the developments of the case and promptly inform the business community.

Source:VTV