Posted on 30 Mar 2016
Turkey has decided to impose an anti-dumping tax of 25.27% on all cold rolled stainless steel welded tubes imported from Vietnam and Malaysia, except from three Vietnamese steel firms and one Malaysian firm.
The Turkish Ministry of Economy on March 18 announced the final decision on the investigation into cold rolled stainless steel welded tubes imported from Vietnam and Malaysia following suspicions of dodging the anti-dumping tax on their exports.
Due to investigation results, the current dumping tax rate of 25.27% levied on cold rolled stainless steel welded tubes imported from China will be applied to the same products imported from Vietnam and Malaysia.
However, three Vietnamese steel firms have escaped the dumping tax - Inox Hoa Binh JSC, Sonha International Corporation and OSS Dai Duong International JSC. These firms co-operated fully with Turkey during the investigation process and proved that they produced the steel products themselves and did not make any transaction to evade anti-dumping duties.
According to the Vietnam Competition Authority under the Ministry of Industry and Trade, other Vietnamese steel firms did not fully answer all questions from Turkey or provided insufficient information, resulting in a dumping tax of 25.27%.
Earlier, the import department under the Turkish Ministry of Economy on December 2014 launched an antidumping probe into steel imports from Vietnam and Malaysia due to suspicion that Chinese and Taiwanese steel tubes - which are subject to anti-dumping duties from Turkey - were shipped to Vietnam and Malaysia before transport to Turkey to avoid the anti-dumping tax.
