Vietnam Imposes AD Duty on H Beam Imports from Malaysia
Vietnams Ministry of Industry and Trade announced that it has decided to apply temporary anti-dumping measures H-shaped steel products originating from Malaysia. According to Decision No.1162/QD-BCT on the application of temporary anti-dumping measures on some H-shaped steel products originating from Malaysia, the temporary tax rate applied to Malaysian exporters is 10.2%.
The MoIT launched the investigation in August last year based on the appraisal results of the petition requesting the application of anti-dumping measures filed by representatives of the domestic manufacturing industry in July last year. The investigation results showed that imports of H-shaped steel from Malaysia increased sharply during the investigation period, significantly damaging the H-shaped steel manufacturing industry of Vietnam.
The case is expected to conclude in the second quarter of this year