DOC extends conclusion of anti-circumvention investigation into stainless steel plate

This is the fourth time the US has announced an extension of the investigation period. To protect the legitimate interests of the exporter in this case, Trade Remedies Bureau recommending related businesses to continue closely monitoring the developments of the case; actively cooperate and provide information to the investigating agency; provide timely comments on DOC conclusions or issues raised by interested parties; regularly exchange and closely coordinate with the Trade Remedies Department in the process of handling the case.

Previously, on May 15, 2020, the DOC initiated an anti-circumvention investigation the antidumping duty and anti-subsidy for stainless steel plate (belt and strip) of Vietnam.

Specifically, the DOC investigates two contents including a scope inquiry to determine whether stainless steel products manufactured in China are then further processed in Vietnam before being exported. to the United States are subject to tax imposition or not.

In addition, the DOC investigates anti-circumvention behavior of Vietnamese enterprises.

According to the Trade Remedies Administration, this is a case initiated by the DOC to investigate, not based on allegations of the domestic manufacturing industry in the United States.

Since February 2017, DOC has imposed anti-dumping and anti-subsidy duties on stainless steel products (HS codes of heading 7219 and 7220) originating in China with anti-dumping duties from 63, 86 – 76.64% and anti-subsidy tax from 75.60% to 190.71%. Meanwhile, the US import tax rate applied to Vietnam’s stainless steel plate is 0%.

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