Steel association seeks strong response to US decision

The Vietnam Steel Association (VSA) wants the Government to take a strong stance against anti-dumping duties levied by the US on certain products, including raising a dispute with the WTO, if needed.— VNA/VNS Photo The Vietnam Steel Association (VSA) wants the Government to take a strong stance against anti-dumping duties levied by the US on certain products, including raising a dispute with the WTO, if needed. It has requested the Ministry of Industry and Trade (MoIT) to take measures to support steelmakers in tax evasion investigation initiated by the US for galvanised sheet steel and cold-rolled coils imported from Viet Nam. In case the US does not change its view, the association has recommended that the ministry asks the Government to consider litigation under the auspices of the WTO. The new proposals are a response to the US Department of Commerce (DOC) deciding to impose anti-dumping measures and anti-subsidy rates on corrosion-resistant (CORE) and cold-rolled steel from Viet Nam. The case was initiated in September when US steel producers, including ArcelorMittal USA, Nucor Corp, AK Steel Holdings Corp and Steel Corp filed a formal complaint in which they claimed Chinese steel producers were shipping products via Viet Nam to evade tariffs. In response, VSA said it expects the MoIT and its Department of Trade Defence to protest the DOC’s actions, which it said were inconsistent with international laws. The ministry should ask the DOC to comply with WTO regulations as well as US law before issuing a formal decision on… [Read full story]

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