HCMC – Australia may slap anti-dumping tariffs of up to 34.2% on aluminum extrusions imports from Vietnam following a preliminary conclusion announced last week by Australia’s Anti-Dumping Commission (ADC).

The Vietnam Competition Authority (VCA) at the Ministry of Industry and Trade said ADC last month announced an initial conclusion on the anti-dumping investigation into aluminum extrusions imported from Malaysia and Vietnam, claiming their prices were below fair market levels. 

The initial conclusion showed Vietnamese enterprises had dumping margins from 8.5% to 34.2%, and Malaysia from 4.3% to 14.5%.
Australian authorities have been investigating aluminum extrusions dumping and subsidies by Vietnam and Malaysia. But there has yet to be a preliminary conclusion on anti-subsidy.

Pending a final conclusion, which is expected to come out in January 2017, ADC last month imposed temporary anti-dumping duties to protect the local industry from injury.

The anti-dumping and anti-subsidy investigation began in mid-August after Australian aluminum extrusion manufacturer Capral Limited filed a case against aluminum extrusion imports in late June, with Vietnamese producers accused of dumping aluminum extrusions on the Australian market with a margin of 10.19%.

The company also claimed that producers in Vietnam were receiving subsidies from the Government, including preferential import tariffs for fixed assets, low corporate income tax and tax incentives for non-agricultural land.

Aluminum extrusion products from Vietnam and Malaysia are currently subject to a 5% tax rate in Australia.

Nov 21, 2016
Source: The Saigon Times