return icon

Vietnam’s steel exports affected by anti-dumping investigations

VietNamNet Bridge - Vietnam’s steel exports are encountering difficulties as they are facing anti-dumping investigations raised by importing countries.

VietNamNet Bridge - Vietnam’s steel exports are encountering difficulties as they are facing anti-dumping investigations raised by importing countries.


Vietnam steel exports are encountering difficulties

On July 24, the Canadian International Trade Tribunal (CITT) releases a final judgment about imported cold-rolled coil steel from China, South Korea and Vietnam for domestic steel manufacturing.

The judgment was made based on the results of an investigation conducted in accordance with SIMA (special import measures act) and an investigation by CBSA (Canada Border Service Agency).

CITT stated that there were signs of dumping and subsidizing cold-rolled steel products, which harms and threatens the Canadian domestic steel industry.

Vietnam’s steel exports are encountering difficulties as they are facing anti-dumping investigations raised by importing countries.

CBSA is also carrying out a probe on whether the cold-rolled steel from the three countries are being dumped in the Canadian market. The final decision is expected to be released on August 20.

Besides cold-rolled steel, CITT and CBSA are also investigating some carbon welded steel pipe products from Vietnam, the Philippines, Pakistan and Turkey. The final decision is expected to be released on September 18 and October 18.

Prior to that, on July 18, the European Commission told the WTO about the EU’s application of temporary safeguard measures (for 200 days) while undertaking the probe on some imported steel products. Three groups of Vietnam’s products are subject to safeguard measures.

Also in July 2018, DFT (Thai Department of Foreign Trade) initiated an investigation for the second extension of safeguard measures against non-alloy steel sheets

According to the Ministry of Industry and Trade, Vietnam was excluded from the list of countries subject to the safeguard measures because of insignificant amount of exports. 

However, in the second investigation, if Vietnam’s exports account for more than 3 percent of Thailand’s total imports, DFT may not exclude Vietnam from the list.

In mid-June 2018, some steel manufacturers in the US filed requests for investigating and applying measures to prevent anti-dumping and anti-subsidy duty avoidance by non-corrosion steel imports from Vietnam.

The steel manufacturers said that after the US carried out the anti-dumping and anti-subsidy investigations in 2015, steel imports from South Korea and Taiwan decreased, while imports from Vietnam increased rapidly.

The manufacturers also accused Vietnam of importing hot-rolled steel from Taiwan and South Korea to make products.

Facing many anti-dumping investigations, Vietnamese steel manufacturers are experiencing hardships. 

Meanwhile, in the context of the China-US trade tensions, worries have been raised that Chinese steel will be carried to Vietnam before it is shipped to the US to avoid anti-dumping duties.

VSA has warned against the problem, asking steel manufacturers not to lend a hand to the Chinese to change the product origin from China to Vietnam.


Customs agencies tighten scrap imports as paper, steel manufacturers complain

Chinese steel manufacturers flock to Vietnam to avoid US trade war

Mai Chi


Party chief directs key tasks for new year

Party Secretary Nguyen Phu Trong on Tuesday chaired a meeting of the Secretariat of the Communist Party of Vietnam (CPV) Central Committee, mapping out key tasks for the new year.


Domestic market to drive tourism recovery in 2023: insider

Some big companies made profits in 2022, but others incurred losses

While Duc Giang Chemicals and Binh Son Refining and Petrochemical have reported big profits for Q4 and the year 2022, Vietnam Airlines and leading steel manufacturer Hoa Phat saw big losses for the year.

Vietnamese couple help German bicyclist in distress

Trung and Nhung, a Vietnamese couple, on the way to travel across Vietnam on Tet holiday, saw a foreigner who was facing troubles because of strong winds in Ninh Thuan.

Vietnam develops green agriculture to increase exports to EU

Vietnam is paying attention to mobilising resources to invest in developing green agriculture with an aim to raising the market share of its agricultural exports to the European Union.

Vietnamese team comes first at Southeast Asian Fencing Championship

Vietnam secured the first position at the 2023 Southeast Asian Fencing Championship which has taken place recently in Malaysia.

2023 - Time for Edtech to thrive in Vietnam

Experts are positive about the development of Vietnam’s education technology (Edtech) market in 2023 if local Edtech companies can overcome post-pandemic challenges.

UK imports from Vietnam in 2022 put at over US$6 billion

United Kingdom (UK) imports from Vietnam amounted to US$6.06 billion last year, rising by 5.2% over 2021, according to the General Department of Vietnam Customs.

Five more registration officials in Hanoi prosecuted for soliciting bribes

Police of Hanoi’s Thuong Tin District has started legal proceedings against five officials at 2915D Registration Centre for taking bribes.

Thai Thi Lien, Vietnam's matriarch pianist and pedagogue, passes away

Thai Thi Lien, one of the founders of Vietnam's National Academy of Music, passed away on Tuesday peacefully at her home at the age of 106, her son Tran Thanh Binh said.

VN striker Tien Linh vies for Asia’s Best Footballer Award 2022

Vietnamese striker Nguyen Tien Linh has been listed among the 25 nominees for the Best Footballer in Asia 2022 award organized by Titan Sports of China.

Visa policy change needed to further attract foreign visitors: tourism authority

A key for Vietnam to attract more foreign tourists at this time is to change its visa policy, said Chris Farewell, a member of the Tourism Advisory Board (TAB).

Da Nang promotes food into unique tourism product

Not only famous for its beautiful natural landscapes, bridges and diverse cultural heritage as well as hospitality of the locals, the central coastal city of Da Nang boasts rich food known to world tourists for its unique taste.

Vietnamese films earn big profits during Tet

Nha Ba Nu (The House of No Man) has been the highest-grossing Vietnamese film during the Tet (Lunar New Year) holiday.

PM to hold dialogue with young people in March

Prime Minister Pham Minh Chinh will hold a dialogue with young people in Hanoi on March 26, the Government Office has announced.