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.