The Vietnam Ministry of Commerce said that this week, some Galvanized steel products from China and South Korea will temporarily apply anti-dumping tariffs.
Tariffs, Vietnam’s Steel Association was clearly revealed with the pressure. asking To be protected from the imports of China and South Korea steel that has been rapidly increasing since February. Vietnam applied anti-dumping tariffs to other steel forms imported from China.
Vietnam Ministry of Trade to start Galvanized steel dumps research in June 2024 upon the request of five major indigenous steel companies. Hoa Sen Group, the largest of these companies, has 27.6 percent of the Vietnam steel market.
The Vietnam Trade Industry said that starting from April 16, except for a few Chinese manufacturers of Galvanized steel products, they will be hit with a tariff of 37.13 percent.
Although Hyundai Steel is only 13.7 percent and a few people will be exempted, most of the South Korean steel manufacturers will be covered with 15.67 percent.
The Ministry said that these tariffs are required to önemli to prevent rapid growth of imports that may cause serious damage to the internal industry ”. According to the statement, Galvanized Steel imports from China and South Korea have increased by 20% since the start of June in June.
The United States, together with China and South Korea, poured Vietnam steel in US markets and pouring steel into US markets to weaken the steel industry.
President Donald Trump imposed Most of the metal imports in February 25 percent tariff and entered into force in March. On Wednesday, Trump announced a 46 percent tariff for all of Vietnam’s imports as a part of the “Day of Independence”. recipe.
