Vietnam - Safeguard measures on Steel billet and Long steel (SG04)
25/12/2015 12:00
This is a safeguard investigation initiated by the Ministry of Industry and Trade of Vietnam on December 25th 2015 against imports of Steel billet and Long steel.
1. Petitioner: Hoa Phat Joint Stock Company, Southern Steel Company, Thai Nguyen Iron and Steel Joint Stock Corporation, Vietnam Italy Steel Company.
2. Product under investigation: Steel billet and Long steel.
3. Scope of investigation: HS number: 7207.11.00; 7207.19.00; 7207.20.29; 7207.20.99; 7224.90.00; 7213.10.00; 7213.91.20; 7214.20.31; 7214.20.41; 7227.90.00; 7228.30.10; 9811.00.00.
4. Final Decision
18/07/2016: The Ministry of Industry and Trade of Vietnam issued the Decision No.2968/QD-BTC on imposing definitive safeguard measures. Under this Decision, the tariff rate of semi-finished products of alloy and non-alloy steel remained at 23.3% while that of certain finished products of alloy and non-alloy steel increased gradually from 14.2% to 15.4%.
Under the Agreement on Safeguards of the World Trade Organization (WTO), The Ministry of Industry and Trade of Vietnam also decided a downward trend in imposing definitive safeguard duty on semi-finished and certain finished products of alloy and non-alloy steel, as follow:
Effective period (D/M/Y) |
Tariff rate of steel billet | Tariff rate of long steel |
22/3/2016 - 01/8/2016 |
23,3% |
14,2% (provisional tariff rate) |
02/8/2016 - 21/3/2017 |
23,3% |
15,4% (definitive tariff rate) |
22/3/2017 - 21/3/2018 |
21,3% |
13,9% |
22/3/2018 - 21/3/2019 |
19,3% |
12,4% |
22/3/2019 - 21/3/2020 |
17,3% |
10,9% |
From 22/3/2020 on | 0%(if not extended) | 0% (if not extended) |
5. Extension of the safeguard measures:
- On March 20, 2020 The Ministry of Industry and Trade of Vietnam issued the Decision No. 918/QD-BTC on extending the safeguard measures as below:
Period (D/M/Y) |
Billet | Long steel |
22/3/2020 - 21/3/2021 | 15,3% | 9,4% |
22/3/2021 - 21/3/2022 | 13,3% | 7,9% |
22/3/2022 - 21/3/2023 | 11,3% | 6,4% |
From 22/3/2023 on | 0% (if not extended) |
0% (if not extended) |
- On March 2, 2023 The Ministry of Industry and Trade of Vietnam issued the Decision No. 691/QD-BTC on extending the safeguard measures as below:
Period (D/M/Y) |
Long steel |
22/3/2023 - 21/3/2024 | 6,3% |
22/3/2024 - 21/3/2025 | 6,2% |
22/3/2025 - 21/3/2026 | 6,1% |
From 22/3/2026 on | 0% (if not extended) |
II. Case calendar:
Date (D/M/Y) |
Events |
25/12/2015 | Safeguard investigation inititation |
07/03/2016 | Decision on imposing provisional safeguard measures |
18/07/2016 | Decision on imposing official safeguard measures(Decision No. 2968/QĐ-BCT) |
09/02/2018 | Amendment to Decision No 2968/QD-BCT (Decision No. 538/QĐ-BCT) |
20/12/2019 | Notice of a public hearing of final review (QĐ 26/TV-PVTM) |
20/3/2020 | Decision on extending safeguard measures appliance. (Decision No. 918/QĐ-BCT) |
04/11/2022 | Decision on sunset review of safeguard measures application (Decision No. 2323/QĐ-BCT) |
21/03/2023 | Decision on extending the safeguard measures application (Decision No. 691/QĐ-BCT) |
The related documents (in Vietnamese) are attached below:
Các tin khác
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- Vietnam - Safeguard measures on Fertilizers(SG06) (12/05/2017)
- Vietnam - Safeguard measures on Pre – Painted Galvanized Iron (SG05) (20/07/2016)
- Vietnam - Safeguard measures on Monosodium Glutamate (SG03) (04/09/2015)
- Vietnam - Safeguard measures on Vegetable oils (SG02) (30/11/2012)