Commerce Upholds Duties on Sheet Imports from Vietnam

Affirming that steel imports from Vietnam have been circumventing U.S. antidumping and countervailing duties, the Department of Commerce on Monday upheld its preliminary AD/CVD rates on imports of galvanized and cold rolled sheet from Vietnam manufactured with hot- or cold-rolled substrate from Korea and Taiwan.

Steel products produced in Korea and Taiwan, shipped to Vietnam for minor processing, and then exported to the United States as corrosion-resistant steel products (CORE) and cold-rolled steel (CRS) circumvent existing AD/CVD orders on Korea and Taiwan, Commerce found. As a result, U.S. Customs and Border Protection will continue to collect AD and CVD cash deposits as high as 456.23 percent, depending on the type and origin of the steel. The duties are retroactive to imports dating back to Aug. 2, 2018, when Commerce initiated the circumvention inquiries.