Vietnam removes safeguard duty on color-coated steel from China and South Korea

Friday, 10 July 2020 14:33:10 (GMT+3)   |   Istanbul

The Ministry of Industry and Trade of Vietnam has announced that the safeguard measures on imports of certain color-coated steel products from South Korea and China have been removed as of June 15, 2020. The measures were imposed in May 2017.

Accordingly, the color-coated steel products from the given countries will only be subject to antidumping duties. The current antidumping duty rates are 2.53-34.27 percent for Chinese enterprises and 4.71-19.25 percent for South Korean enterprises, as SteelOrbis previously reported. The antidumping duty was imposed in November 2019.

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