HÀ NỘI — Australia’s Anti-dumping Commission has initiated an investigation into alleged dumping and subsidisation on painted steel trapping exported to Australia from China and Việt Nam, according to the Trade Remedies Authority of Việt Nam.
The investigation was initiated following an application lodged by Signode Packaging Group Australia Pty Ltd (Signode), a manufacturer of painted steel trapping in Australia.
According to the Anti-dumping Commission’s notice, the application alleged that the goods had been exported from China and Việt Nam to Australia at prices lower than their normal value.
The alleged dumping and subsidisation caused material injury to the Australian industry producing similar goods through price depression, price suppression, loss of profits, reduced profitability and a decline in capital investment.
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