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Wire coat hangers face US dumping action
Vietnamese steel garment hangers exported to the US might be subject to anti-dumping duties as high as 188 per cent, according to the Viet Nam Competition Authority under the Vietnamese Ministry of Industry and Trade.
Under the US Department of Commerce (DOC)'s preliminary determination which was revealed last Friday, the tariff imposed on Vietnamese steel hangers ranged between 135.81 – 187.51 per cent, while the figures for similar products from Taiwan were only between 69.98 and 125.43 per cent.
Specifically, Vietnamese mandatory respondent TJ Group received a preliminary dumping margin of 135.81 per cent, while the South East Asia Hamico Export Joint Stock Corporation had a 187.51 per cent rate imposed.
Three other exporters were subject to a rate of 135.81 per cent, and all other steelmakers in Viet Nam received a preliminary dumping margin of 187.51 per cent.
Also last Friday, the DOC announced its preliminary findings from the antidumping investigation into utility-scale wind towers from China and Viet Nam.
In particular, Vietnamese mandatory respondents CS Wind Corporation and CS Wind Viet Nam Co received a preliminary dumping margin of 52.67 per cent, while other producers and exporters were dutied a higher rate of 59.91 per cent.
The DOC is scheduled to make its final assessment in December 2012.
Last year, Viet Nam exported US$32 million worth of steel hangers to the US while wind-tower products shipped to the market hit $79 million, according to statistics from the DOC's International Trade Administration.
To date, Vietnamese companies have faced more than 31 cases relating to anti-dumping, anti-subsidies and other protective measures, according to the Viet Nam Competition Authority.
Two-thirds of the anti-dumping lawsuits related to 15 leading export items, and three-quarters were from 10 major export markets including the US and the EU
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