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. 24.09.2020
    24.09.2020
    by      In
    A new research released by the University of South Australia says the boy’s club syndrome may be stereotypical, but it’s a saying that still holds water when it comes to Australian boards.
     Researchers were assessing the influence of gender diversity on Australian boards, and found that a... Read More
  2. 24.09.2020
    24.09.2020
    by      In
    One of Australia’s largest employers in the manufacturing sector, REDARC has taken robotics to new heights with its partnership with Universal Robots.
     In a local success story, Universal Robots has deployed its cobots to automate key manual and repetitive tasks so that employees are redeployed to... Read More
  3. 24.09.2020
    24.09.2020
    by      In
    Climate Change strategies is getting a big tick with CO2 Refrigeration integrated with Phase Change Energy Storage, winning SA’s Engineering Excellence Award.
    The Innovation led by engineers in South Australia also reaped the Sir William Hudson Award finalist.
    Using innovative technologies, the... Read More
  4. 24.09.2020
    24.09.2020
    by      In
    As debate picks up on the use of gas for energy source, Chemistry Australia has joined the fray saying, “The use of natural gas by the manufacturing sector adds significant value to the Australian economy.”
     So significant that according to the Chemical Sector Economic Contribution Analysis report... Read More