Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The anti-dumping commission of Australia (ADC) has extended the time granted to submit the final report on the investigation on the alleged dumping and subsidisation of painted steel strapping from China and Vietnam for the fifth time to Oct 6, 2021, according to reports. 


Sam Hwan Vina Co Ltd, the largest Vietnamese exporter, with an export turnover of about $4.6mn has dumped painted steel strapping with a dumping margin of less than 2pc, which has led the ADC to cancel its probe on the company. 


Investigations on the rest of the Chinese and Vietnamese companies will continue along with the dumping of goods from Korea. 


The ADC is likely to submit a report on the investigations to the Minister of Industry, Science and Technology on or by Oct 26. 


The applicant can request a review on the decision within 30 days of the publication of the report, the commission mentioned. 


In the meantime, the ADC has published an official notice to terminate anti-dumping and anti-subsidy investigations on precision pipes and tube steel imported from Vietnam and Taiwan after concluding that Vietnamese exporters were not involved in the dumping of goods and the total volume of exports to Australia from Taiwan and Vietnam were negligible.


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