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U.S. issues final order on duties on certain steel products from Vietnam

Tuesday, December 17, 2019, 09:43 GMT+7
U.S. issues final order on duties on certain steel products from Vietnam
A man checks steel quality at Hoa Phat steel mill in Hai Duong province, Vietnam June 14, 2016. Photo: Reuter

The U.S. Commerce Department said on Monday it had issued a final order imposing duties of up to 456% on certain steel products from South Korea or Taiwan that are shipped to Vietnam for minor processing and then exported to the United States.

The agency said in a statement that it had found corrosion-resistant steel products and cold-rolled steel produced in Vietnam using substrate of South Korean or Taiwanese origin had circumvented U.S. anti-dumping and anti-subsidy duties.

Reuters

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