none

ANTI-DUMPING INVESTIGATION CLOSED

04-05-2018
by 
in 

After a year-long investigation into Vietnamese subsidisation and exporting of coiled steel rod, the Australian Anti-Dumping Commission (ADC) has ruled in favour of Vietnam, South Korea, and Indonesia. 

Their report concluded that there had been no undue subsidisation by any government, and that the margin of steel exported to Australia was less than 2%, which is under the World Trade Organisation's threshold to be considered 'dumping'. 

The ADC concluded that there was no evidence to suggest that Vietnamese steelmaker Hòa Phát Group, or any other steel producers, had been selling under market price in Australia’s steel market.

The Comission also concluded that there was no support from the governments relating to power tariffs or input material for steel producers. 

The ADC’s anti-dumping case and subsequent inspection was launched in June of 2017 following a complaint lodged by OneSteel Manufacturing Pty Ltd, a steel core manufacturer in Australia.

The manufacturer said that goods were being exported to Australia at prices below than their normal value, and that this dumping had damaged the Australian industry through loss of sales, market share and profits.

Steel products from Indonesia, Taiwan and Turkey have also been subject to anti-dumping investigations in Australia, and both Indonesia and Turkey were slapped with anti-dumping taxes in 2015 for a year, while the same products from China were hit with a tariff in April 2016.

Related news & editorials

  1. 22.05.2018
    22.05.2018
    by      In
    The Sixth Wave Alliance (SWA) is a new initiative formed to develop a national robotics R&D strategy and create the critical mass required to address large-scale Australian and international challenges using robotics technologies.
    With worldwide spending on robotics expected to reach US$188... Read More
  2. 21.05.2018
    21.05.2018
    by      In
    Queensland engineering firm Fibercon is claiming a milestone in recycling, having reused more than 50 tonnes of plastic waste.
    The plastic has been used in the company’s Emesh product, which replaces steel mesh in reinforced concrete. The technology was codeveloped with researchers from Queensland’... Read More
  3. 18.05.2018
    18.05.2018
    by      In
    The latest edition of the Methods technology and solutions e-zine from Mouser Electronics focuses on digital twinning, the latest concept for design and maintenance in Industry 4.0.
    Starting with a forward from digital twinning expert Dr Michael Grieves, Executive Director of the US Center for... Read More
  4. 17.05.2018
    17.05.2018
    by      In
    The Federal Government has released an expanded overview of its 12-year national research infrastructure investment plan, marking the “next step of the innovation and science agenda”.
    The plan, prepared jointly by Education and Industry departments, will “provide Australian researchers with access... Read More