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

27/07/2018 12:00 - 72 total view

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)

4. Investigation process:
 
Date 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
20/3/2020 Issued Decision No. 920/ QD-BCT to extend the anti-circumvention of trade remedies counter measures

The related documents are attachted in the file below (Vietnamese version):
Download
Notice of extention of the investigation
Decision of safeguard measures investigation
Notice of safeguard measure investigation
Decision No. 1230/QD-BCT
Decision No. 1483/QD-BCT
Decision No. 1727/QD-BCT
Decision No. 1728/QD-BCT
Decision No. 2540/QD-BCT