9,031.82 TRY BIST 100 BIST 100
34.49 USD USD USD
36.47 EUR EUR EUR
4.79 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.50 TRY Interest Interest
72.97 USD Fossil Oil Fossil Oil
31.21 USD Silver Silver
31.21 USD Copper Copper
99.42 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,945.15 TRY Gold (gr) Gold (gr)

Vietnam extends AD duties on steel products from China and South Korea by five years

Vietnam has announced that anti-dumping (AD) duties on color-coated steel products imported from China and South Korea have been extended for another five years.

Vietnam extends AD duties on steel products from China and South Korea by five years

Vietnam’s Ministry of Industry and Trade (MOIT) announced on October 24 that anti-dumping (AD) duties on color-coated steel products imported from China and South Korea have been extended for another five years. The decision, which was taken to protect the domestic steel industry, will remain in effect until October 23, 2029.

The investigation by the MOIT concluded that ending the current AD measures could lead to the resumption or continuation of dumping practices, posing a risk of harm to local manufacturers. Accordingly, the anti-dumping duties assigned range from 0% to 34.27% for imports from China, while duties on South Korean products fall between 4.95% and 19.25%.

The extension affects flat-rolled, painted alloy and non-alloy steel products, which are categorized under several Harmonized System (HS) codes, including 7210.70.12, 7210.70.13, 7210.70.19, 7210.70.21, 7210.70.29, 7210.70.91, 7210.70.99, 7212.40.11, 7212.40.12, 7212.40.13, 7212.40.14, 7212.40.19, 7212.40.91, 7212.40.99, 7225.99.90, 7226.99.19, and 7226.99.99.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

A new era begins in the Indian steel sector

Thursday, November 21, 2024

China's HRC, CRC and rebar production decreased y-o-y in October

Thursday, November 21, 2024

HRC prices decline from China to Middle East

Thursday, November 21, 2024

EU construction decreased in september

Thursday, November 21, 2024

Iranian analyst Keyvan Jafari Tehrani shared the effects of world politics on the steel industry

Thursday, November 21, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now