Vietnamese galvanised steel not dump price in Australia

September 01, 2015 | 18:46

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The Australian Anti-Dumping Commission (ADC) has announced to conclude its investigation into of zinc-coated (galvanised) steel imported from Vietnam

The ADC said after more than one year conducting investigations, it found that the volume of Vietnamese galvanised steel imported into Australia was not worth considering and not sold at dumping prices as BlueScope Steel – the plaintiff – accused.

Earlier in late July last year, the plaintiff blamed that Vietnamese zinc-coated steel dumped prices in Australia with range of prices to 16.26%. Although Vietnam just shipped around 12,524 tonnes of steel to Australia, equal to 6.9% of total Australia’s steel imports, the plaintiff said Vietnamese steel caused significant damages to the Australian industry.

In late July this year, the ADC announced its ending investigations into -coated (galvanised) steel imported from India and Vietnam.

Vietnam shipped around 23,253 tonnes of steel worth US$18.1 million to Australia during the investigated period.

Accordingly, ADC accepted the results of Australian investigation agency that galvanised steel imported from India and Vietnam was not sold at dumping prices.

VOV

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