|Stainless steel of Son Ha International Joint Stock Company. Son Ha is one of Vietnamese companies exporting steel products to the US. Photo SHI
HA NOI (VNS)— After welded steel pipes and steel wire garment hangers, now welded stainless pressure pipe from Viet Nam continue to face charges of dumping in the US.
The Viet Nam Competition Authority under the Ministry of Industry and Trade on Monday said three US stainless pipe producers - Bristol Metals LP, Felker Brothers Corp and Outokumpu Stainless Pipe Inc- have filed a trade petition with the US International Trade Commission (USITC) and the US Commerce Department (DOC) seeking to impose anti-dumping duties against welded stainless pressure pipe from Malaysia, Thailand and Viet Nam.
Last year, imports of steel pipe from Viet Nam amounted to 4,627 net tonnes, worth US$16.3 million, and took 6.61 per cent of US import market share, the filing said.
The petition alleges dumping margins of 15 to 17 per cent for Malaysia, 13 to 15 per cent for Thailand, and 70 to 71 per cent for Viet Nam, according to Bristol Metals.
The ITC will hold a hearing on June 6 and make a preliminary determination by July 1, Bristol Metals said.
The action marks the third steel-related trade case against Vietnamese steel products filed in the US since 2011.
In the past two years, the domestic steel industry faced five anti-dumping lawsuits and two anti-subsidy ones from the US, Brazil, Thailand and Indonesia.
However, US ITC announced late last year that after investigation, it found welded carbon-quality steel pipes imported from Viet Nam caused neither injury nor losses to the US steel pipe industry. Therefore, it said the US would not impose anti-dumping duties on them.
According to Tran Tuan Nghiep, director of Huu Lien Asia Corporation, a defendant in last year's lawsuit against Viet Nam welded carbon-quality steel pipes, price competition in the steel market is fierce and if Vietnamese steel is subject to more and more anti-dumping and anti-subsidy tariffs, it could lose an important market. — VNS