28 C
Ho Chi Minh City
Tuesday, August 3, 2021

U.S. launches antidumping probe into copper pipe and tube imports from Vietnam

Must read

HCMC – The U.S. Department of Commerce (DOC) on Tuesday launched an antidumping investigation to determine whether seamless refined copper pipes and tubes from Vietnam are being dumped at an alleged margin of 111.82% on the United States market.

The department said in a statement that the petition was filed by the American Copper Tube Coalition and its constituent members.

If the DOC concludes the finding to be true and the U.S. International Trade Commission determines that the dumped imports of such products materially injure or threaten material injury to the U.S. industry, the department will impose duties on those imports as per the amount of dumping found to exist.

In case the DOC finds that the products are not being dumped or the commission finds no injury to the American industry, the investigation would be terminated and no duties would be applied.

The preliminary antidumping determination is scheduled for December this year. A final ruling in this case is scheduled for next February but it may be extended.

The Trade Remedies Authority of Vietnam said the DOC will select certain Vietnamese exporters and producers of seamless refined copper pipes and tubes as mandatory respondents within 20 days since the announcement of the investigation.

They will be responsible for responding to all parts of the questionnaire from the U.S. agency within 30 days.

In case they fail to do so, the DOC will analyze the available data, which often places these exporters at a disadvantage, to draw its investigation conclusions, stressed the Vietnamese agency.

The 2019 imports of seamless refined copper pipes and tubes from Vietnam were valued at roughly US$146.5 million.

Seamless refined copper pipes and tubes are the fifth product to face trade remedy measures from the United States so far this year.

By Gia Phong

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest articles