EC launches investigation of steel importsThe European Commission (EC) has decided to initiate a safeguard investigation concerning imports of 26 steel products, including those from Vietnam, to its member countries. The European Commission (EC) has decided to initiate an investigation into imports of 26 steel products to its member countriesThe investigated product categories include alloy hot rolled sheets and strips, organic coated steel, stainless cold rolled sheets and strips, and metallic coated sheets. The Ministry of Industry and Trade said the safeguard investigation was being initiated, because the imports of certain steel products have increased sharply recently, necessitating safeguard measures. Similarly, imports of the products increased by some 65 percent between 2013 and 2016. The EU has imposed the general system of preferences of zero percent for all steel products imported from Vietnam while applying anti-dumping tariffs on some steel products from China.-VNA

Source: VietNamNet News April 02, 2018 01:18 UTC