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Việt Nam to apply temporary anti-dumping measures on Malaysian steel products

HÀ NỘI — Việt Nam will apply temporary anti-dumping measures on some H-shaped steel products originating from Malaysia.

The Trade Remedies Authority of Việt Nam said the Ministry of Industry and Trade recently issued Decision No.1162/QĐ-BCT to apply temporary anti-dumping measures on some H-shaped steel products from Malaysia.

The temporary anti-dumping tax rate applied to Malaysian exporters is 10.2 per cent.

The Trade Remedies Authority of Việt Nam launched the investigation in August last year based on the appraisal results of the petition requesting anti-dumping measures from representatives of the domestic manufacturing industry filed in July last year.

After eight months of preliminary investigation, the results showed the import volume of H-shaped steel from Malaysia increased sharply during the investigation period, causing considerable damage to the domestic H-shaped steel manufacturing industry.