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Wednesday, 11:43, 07/07/2021
VOV.VN - The Indonesian Government has moved to stop applying anti-dumping measures on a number of cold–rolled steel sheets originating or imported from Vietnam, according to the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam (TRAV).
Following this decision, cold-rolled steel sheets imported from the Vietnamese market will not be subject to anti-dumping duties of up to 49.2%.
This comes following an anti-dumping investigation initiated by the Indonesian Anti-Dumping Committee (KADI) in August 2019, before being completed in February this year.
According to data compiled by the Indonesian investigating agency, Indonesia imported approximately 365,000 tonnes of cold rolled steel sheets from Vietnam worth roughly US$290 million annually throughout the investigation period.