Posted on 14 Jul 2016
Thai Nguyen Iron and Steel Joint Stock Company (TISCO) has asked the general departments of customs and environment and the customs of Haiphong City for approval to complete customs clearance procedures for steel scrap imports.
TISCO said the company has not yet been granted an environmental protection certificate for steel scrap imports although it has applied for it. This means the customs cannot clear steel scrap it bought abroad.
The company signed a contract to import 5,200 tons of steel scrap for recycling in April and another 3,000 tons of steel scrap would enter Haiphong Port soon. However, on June 15, the General Department of Customs said it only clears scrap imports that meet all requirements.
TISCO also bemoaned the high ship docking cost of about US$4,500-5,000 per day in Haiphong Port. It added that steel companies are facing various procedure problems and fierce competition triggered by cheap steel imported from China.
The company said its production plan would be seriously affected due to insufficient materials and that it would not be able to timely deliver products to customers as pledged. This will affect incomes of TISCO’s more than 5,000 employees.
Therefore, TISCO urgently requested competent agencies to allow it to complete customs clearance procedures for imported steel scrap shipments at Haiphong Port while the company is awaiting an environmental protection certificate from the Ministry of Natural Resources and Environment.
The company also asked relevant agencies to apply consistent policies and promptly inform enterprises of changes to help them adjust production plans.