Vietnam - Anti-circumvention of trade remedies investigation on Steel wire, coil (AC01.SG04)

27/07/2018 12:00 - 754 Views

On July 26, 2018, the Ministry of Industry and Trade of Vietnam issued a decision to initiate an anti-circumvention of trade remedies investigation on steel wire/ coil products imported into Vietnam from other countries and territories.

This is the first anti-circumvention of trade remedies investigation that Vietnam has conducted. This lawsuit is based on the suspicion of anti-circumvention from the original lawsuit with the case code SG04, after Vietnam applied an official defense against billet and long steel products. imported into Vietnam

Some key information of the case:

1. Initiated date: July 26th 2018

2. Petitioner: HOA PHAT HAI DUONG STEEL JSC & THAI NGUYEN MINING AND METALLLURGY COMPANY LIMITED

3. Product under investigation: Steel wire/ coil products with HS code: 7213.91.90, 7213.99.90, 7217.10.10, 7217.10.29, 7229.90.99, 9839.10.00 and 9839.20.00
 
Final conclusion

On May 13, 2019, the Ministry of Industry and Trade issued Decision No. 1230 / QD-BCT on the anti-circumvention of trade remedies for wire and coil products imported into Vietnam.

The countermeasure against anti-circumvention is applied in the form of additional import tax with the tax rate of 10.9% from May 28, 2019 to the end of March 21, 2020 (if the safeguard measure is head does not renew).

Extension of anti-circumvention measures
 

Effective date Tariff rate
22/03/2020 - 21/03/2021 9.5%
22/03/2021 - 21/03/2022 7,9%
22/03/2022 - 21/03/2023 6,4%
from 22/03/2023 on 0% (without extending safeguard measures)

 

Pursuant to Point c, Clause 1, Article 16 of Circular 37/2019/TT-BCT dated November 29, 2019 of the Ministry of Industry and Trade detailing a number of contents on trade remedies, the Trade Protection Department has issued a Notice No. 19/TB-PVTM on the receipt of dossiers of request for exemption from trade remedies in the above cases.

After receiving and handling according to regulations, the Ministry of Industry and Trade has issued 11 Decisions on the exemption from the application of safeguard measures and measures to combat evasion of trade remedies, specifically:

 

No.

Exempted Businesses

Decision No.

Amount of exemptions in 2021 (tons)
Exemption from safeguard measures for billet and long steel products – case ER01.SG04

1

Kim Tin Group Joint Stock Company

3273/QĐ-BCT

2.842

2

Kim Tin Hung Yen Joint Stock Company

3274/QĐ-BCT

1.752

3

Viet Duc Electric Welding Rod Joint Stock Company

356/QĐ-BCT

3.631

4

Atlantic Vietnam welding rod manufacturing Co., Ltd.

355/QĐ-BCT

1.218

Exemption from anti-circumvention measures for steel products – case AC01.SG04

5

Kim Tin Group Joint Stock Company

3271/QĐ-BCT

602

6

Kim Tin Hung Yen Joint Stock Company

3272/QĐ-BCT

200

7

Kao Meng Mechanical Co., Ltd (Vietnam)

3268/QĐ-BCT

179

8

Sunway Precision Steel JSC

3269/QĐ-BCT

363

9

Lam Vien Vinh Phuc HHCN Co., Ltd

3270/QĐ-BCT

1.174

10

Daeho Steel Vietnam Co., Ltd

354/QĐ-BCT

8.342

11

Vinh Thanh Steel Co., Ltd

357/QĐ-BCT

1.645

 

Pursuant to Point c, Clause 1, Article 16 of Circular 37/2019/TT-BCT dated November 29, 2019 of the Ministry of Industry and Trade detailing a number of contents on trade remedies, the Trade Protection Department has issued a Notice No. 18/TB-PVTM dated September 6, 2021 on the receipt of dossiers of request for exemption from trade remedies in the above cases.

After receiving and handling according to regulations, the Ministry of Industry and Trade has issued 07 Decisions on exemption from the application of safeguard measures and measures to combat evasion of trade remedies for 2021 and 2022, specifically:

 

No.

Exempted Businesses

Decision No.

Amount of exemptions in 2021 (tons)
Exemption from safeguard measures for billet and long steel products – case ER01.SG04

1

Chia Chen Co., Ltd (2021)

2678/QĐ-BCT

129

2

Atlantic Vietnam welding rod manufacturing Co., Ltd (2022)

2679/QĐ-BCT

1.218

Exemption from anti-circumvention measures for steel products – case AC01.SG04

3

Sunway Precision Steel JSC (2022)

2675/QĐ-BCT

575

4

Sunway Precision Steel JSC (2021 implement)

2674/QĐ-BCT

147

5

Lam Vien Vinh Phuc HHCN Co., Ltd (2022)

2670/QĐ-BCT

1.085

6

Daeho Steel Vietnam Co., Ltd (2022)

2677/QĐ-BCT

11.310

7

Chia Chen Co., Ltd (2021)

2676/QĐ-BCT

119

 

3.2. On March 21, 2023, the Ministry of Industry and Trade issued Decision No. 693/QD-BCT on extending the application of anti-circumvention measures against trade remedies (PVTM) for coil and wire products with HS codes: 7213.91.90, 7217.10.10, 7217.10.29, 7229.90.99, 9839.10.00 imported into Vietnam with specific tax rates and effective time as follows:

 

Thời gian có hiệu lực

Mức thuế

From 22/3/2023 to 21/3/2024

6,3%

From 22/3/2024 to 21/3/2025

6,2%

From 22/3/2025 to 21/3/2026

6,1%

From 22/3/2026 on

0%

 

4. Investigation process:
 

Date (D/M/Y) Events
26/07/2018 Initiation of investigation (Decision 2622/QĐ-BCT)
17/01/2019 Public consultation session
25/01/2019 Extension of investigation time (Decision 171/QĐ-BCT)
13/05/2019 Issued Decision No.1230 / QD-BCT on the anti-circumvention of trade remedies
17/05/2019 Notice of receipt of application for exemption for steel products that cannot be produced domestically
29/05/2019 Issuing Decision No.1483/ QD-BCT exempting the anti-circumvention of trade remedies counter measures for Daeho Company
19/06/2019 Issued Decision 1727/ QD-BCT to exempt the anti-circumvention of trade remedies counter measures for Lam Vien Vinh Phuc Company
Issued Decision 1728/ QD-BCT to exempt the Vinh Thanh Company from applying anti-circumvention measures
16/08/2019 Issued Decision 2540/ QD-BCT to waive the anti-circumvention of trade remedies counter measures for Sunway Company
20/03/2020 Issued Decision No. 920/ QD-BCT to extend the anti-circumvention of trade remedies counter measures
21/03/2023 Issued Decision No. 693/QĐ-BCT on extending the anti-circumvention measures

 

The related documents are attachted in the file below (Vietnamese version):

Tải tài liệu
20200820094024002020060310252390920qdbctgiahanac01sg04pdf
2020082009403656201812041517376811quyetdinhkhoixuongdieutraac01pdf
2020082009404683201812041518080912thongbaokhoixuongdieutraac01pdf
20200820094112982019082116395091qd1230ac01sg04pdfPDF
20200820094129472020011415273661qd1483mientrudaehopdf
20200820094148442020011415281725qd1727bct2019PDF
20200820094250112020011415290103qd1728bct2019PDF
20200820094256942020011415311472qd2540mientrusunwaypdf
Decision No. 693/QĐ-BCT - Extending anti-circumvention measures
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