Vietnam launches anti-dumping probe on stainless steel imports

Vietnam’s Ministry of Industry and Trade has launched an anti-dumping probe on imports of cold-rolled stainless steel from China, Malaysia, Indonesia and Taiwan, according to local reports.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The decision, made last week by deputy minister Tran Quoc Khanh, came after a complaint filed by two local steelmakers – Posco VST Co Ltd and Hoa Binh Inox Joint Stock Co – a report in the English language daily Vietnam News said.

The steelmakers said that the imports had been sold in Vietnam at prices much lower than locally manufactured steel.

The investigation will be carried out by the Vietnam Competition Authority on batches of products imported between April 1 2012 and March 31 2013.

What to read next
Market participants are cautiously optimistic about a rebound in iron ore concentrate premiums, with steelmakers around the world set to ramp-up production in line with an anticipated increase in demand for steel products, Fastmarkets understands
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas
Low supply, strong demand to spur scrap prices higher in Feb, market says
US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.