Industry News

Australia probes Vietnamese steel exporters for dumping

Views : 273
Update time : 2020-07-17 23:07:32

Australia has initiated an investigation into Vietnamese coated steel for dumping and subsidization between April last year and March this year.

It follows an application by Australian company BlueScope Steel Limited, according to a statement from Australia’s Anti-Dumping Commission (ADC).

The application alleged that the goods, aluminum zinc coated steel of 600 millimeters width or more, have been exported from Vietnam, South Korea and Taiwan at less than their normal prices.

It also said that the products from Vietnam received countervailable subsidies. This has undercut Australian steel and reduced profits for manufactures there, the application said.

Vietnamese exporters are invited to complete a questionnaire and submit revelation information to Australia by August 6, and have been advised by trade authorities to comply.

Related News
Read More >>
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
Feb .25.2025
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
EU expands sanctions on Russian aluminium: industry calls for closing loopholes EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Feb .25.2025
EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
Feb .25.2025
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
Alba announces Ma’aden as a major shareholder Alba announces Ma’aden as a major shareholder
Feb .25.2025
Alba announces Ma’aden as a major shareholder