US finds Vietnamese bed springs sold for lower prices

The US Department of Commerce (DOC) has announced the preliminary decision on the anti-dumping investigation on bed springs imported from China , South Africa and Vietnam , according to the Ministry of Industry and Trade.

Ngo Van Thoan, Vietnamese Commercial Counsellor in the US , said that according to DOC, producers and exporters from the three countries had sold bed springs to the US market at prices lower than normal.

The DOC found the dumping bands were from 118.17-234.51 percent for China , 121.39 percent for South Africa and 116. 31 percent for Vietnam.

On the basis of these preliminary findings, the DOC will instruct US customs to collect deposits.

The preliminary dumping bands for South Africa and Vietnam were decided on the basis of adverse facts available because exporters from the two countries cannot meet DOC’s demand for information.

DOC is expected to issue its final decision on this lawsuit in October 2008.

VNN

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