Steel association vows no dumping, subsidies

Vietnamese steel pipe manufacturers and domestic steel companies were not dumping products in the US market and did not receive subsidies, affirmed the Viet Nam Steel Association (VSA).

Viet Nam would be willing to take the matter to court if necessary, it said.

The announcement was made after members of the US Circular Welded Carbon-quality Pipe (CWP) Association asked the American Commerce Department and the US International Trade Commission to conduct anti-dumping and anti-subsidy inspections on steel pipes imported from Viet Nam, India, Oman and the United Arab Emirates.

CWP products from these countries were threatening the US industry, said association members.

VSA explained that Vietnamese CWP products were cheaper than their US counterparts because Viet Nam was able to import cheap raw materials from Asian countries.

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