News Room - Steel Industry

Posted on 23 Dec 2020

Vietnam slaps duties on Chinese CRC

Vietnam has imposed anti-dumping duties on imports of cold rolled sheet from China. The duties apply to non-stainless cold rolled steel in sheet or coil, Kallanish notes.

The duties have been assigned by company ranging from 4.43% to 25.22% (see table). The products under investigation have a width less than 1,600mm, and thickness ranging from 0.108mm to 2.55mm. The inquiry covers materials under HS codes 720916.10, 720916.90, 720917.10, 720917.90, 720918.91, 720918.99, 720926.10, 720926.90, 720927.10, 720927.90, 720928.10, 720928.90, 720990.90, 721123.20, 721123.30, 721123.30, 721123.90, 721129.20, 721129.30, 721129.90 and 722550.90.

Vietnam imported 105,469 tonnes of this material over January-October, down -31.1% year-on-year, according to Customs data. Volumes began to fall noticeably from August and September, when the investigation into imports was announced. The investigation was requested by three domestic producers, Phu My Flat Steel, Posco Vietnam and Chinese Steel Sumikin Vietnam Joint Stock.

 

CRC AD duties

Company

Duty rate

BX Steel Posco Cold Rolled Sheet

25.22%

Bengang Steel Plates

25.22%

Baoshan Iron and Steel

15.5%

Wuhan Iron and Steel

15.5%

Baosteel Zhanjiang Iron and Steel

15.5%

Shanghai Meishan Iron and Steel

15.5%

Angang Steel Company

15.74%

Bazhou Jinshangyi Metal Products

4.43%

Laiwu Steel Yinshan Section

25.22%

SD Steel Rihao

25.22%

Inner Mongolia Baotou Steel Union

15.64%

Inner Mongolia Baotou Steel Metal Manufacturing

15.64%

Shougang Jingtang United Iron and Steel

19.74%

Zhangjiagang Yangtze River Cold Rolled Sheet

25.22%

Rizhao Baohua New Materials

20.79%

All other Chinese producers

25.22%

Source:Kallanish