HÀ NỘI — Australia’s Anti-Dumping Commission (ADC) has announced a partial rescission of its anti-dumping, anti-subsidy investigation on Vietnamese zinc-coated (galvanised) steel. The ADC, under Australia’s Department of Industry, Innovation and Science, has also been investigating zinc-coated steel imported from India and Malaysia. However, only the probe on Việt Nam’s steel has been terminated partially. Việt Nam’s Ministry of Industry and Trade (MoIT) said the ADC concluded that Vietnamese galvanised steel producers and exporters received countervailable subsidies from the government during the investigation period, but the subsidies were at negligible level. Therefore, the ADC has decided to terminate the anti-subsidy probe on all Vietnamese galvanised steel producers and exporters.
Source: Viet Nam News July 24, 2017 09:11 UTC