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No US anti-dumping tax on Vietnamese steel pipesThe US International Trade Commission (US ITC) has announced that the US will not impose anti-dumping duties (AD) on welded carbon-quality steel pipes imported from Vietnam.

The US ITC confirmed that Vietnam’s welded carbon-quality steel pipes present no harm to the US steel industry.

The latest decision officially ends the US’s year-long anti-dumping lawsuit against steel pipes imported from Vietnam.

Earlier, the US Department of Commerce (DOC) admitted SeAH Steel Vina Corporation and Vietnam Haiphong Hongyuan Machinery Manufactory Co. Ltd. did not receive any government subsidies as the US had previously accused. The US’s anti-dumping lawsuit against steel pipes imported from Vietnam was subsequently officially withdrawn.

The two firms named above make up 70 percent of Vietnam’s steel pipe export turnover in the US market.

The DOC’s investigation started on October 26 2011 and ended on October 17 2012.

In 2011, Vietnam was among the five leading exporters of welded carbon-quality steel pipes to the US.

(VOV)

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