Vietnam's Ministry of Industry and Trade (MOIT) has announced the final results of its antidumping (AD) duty investigation on H-beam imported into Vietnam from China.
Accordingly, the final AD duties stand at 22.09 percent for Chinese companies Heibei Jinxi Iron and Steel Group Co., Ltd. and Hebei Jinxi Section Steel Co., Ltd., 20.48 percent for Rizhao Steel Holding Group Co., Ltd. and Rizhao Medium Section Mill Co., Ltd. and 29.17 percent for other Chinese manufacturing/exporting companies.
The investigation was launched in October last year upon the application lodged by domestic producer POSCO SS-Vina Co., Ltd.
The products subject to preliminary AD duties currently fall under the Customs Tariff Statistics Position Numbers 7216.33.00, 7228.70.10 and 7228.70.90.