According to a report from the Vietnam news agency on the 6th, the Vietnamese ministry of commerce and industry has made the decision to conduct anti-dumping investigations and take anti-dumping actions for cold-rolled stainless steel that is imported from China, Malaysia, Indonesia, and China Taiwan. According to the results of the study, the carbon content of the studied commodities was less than 1.2 percent, and the chromium concentration was more than 10.5 percent in cold-rolled stainless steel coil or steel section. This kind of stainless steel is suitable for use in the manufacturing of a variety of furniture, including wash basins, tubular furniture, hot water systems, automobile components, and construction materials. At the moment, Vietnam levies an import duty of between 0 and 10 percent on stainless steel. Because of this, numerous Vietnamese domestic businesses are operating at a loss. As a result, various Vietnamese domestic steel businesses require that an anti-dumping duty of between 20 and 40 percent be levied on stainless steel. share some news: U.S. steel companies, including u.s. steel’s number of steel mills, have requested that the United States International Trade Commission (USITC) carry out an anti-dumping investigation into imports of some petroleum and natural gas industrial use steel pipe from mainly Asian countries. This investigation is focused on asian imports. India, South Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Vietnam, Turkey, and the Ukraine are among the nations and areas that are participating in. Other countries and regions engaged include Taiwan, Thailand, and Turkey. U.S. mills demand the implementation of anti-dumping charges and countervailing taxes on steel imports from India and Turkey respectively. These penalties are in response to the dumping of steel produced in those nations. In recent years, there has been a clear warming in the trend of protectionism in U.S. trade, which has resulted in many nations and areas of the world’s steel imports being under stringent restriction, with particular emphasis on China. The United States Steel Corporation made a similar request to the International Trade Commission (ITC) in March of this year. In point of fact, the United States has levied anti-dumping and countervailing charges on the majority of steel goods manufactured in China. These penalties include a wide range of steel pipe and steel wire items. The legislative procedure in the United States Congress began in March of the previous year, and it was swiftly finished. The revisions to the countervailing measure were rapidly completed, and they maintained commodities taxing powers on China and other nations to gain government subsidies. If you have any needs, please feel free to visit our website at http://www.beststeelhome.com/ ontrend industrial limited is a provider of high-quality carbon steel pipe and tinplate in China. If you have any needs, please feel free to visit our website.
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