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fun88 esport cá cượciosAustralia initiates anti-dumping investigation on painted steel trapping from Việt Nam

2024-03-07来源:本站

Australia initiates anti-dumping investigation on painted steel trapping from Việt Nam

Australia initiates anti-dumping investigation on painted steel trapping from Việt Nam

HÀ NỘI — Australia’s Anti-dumping Co妹妹ission has initiated an investigation into alleged dumping and subsidisation on painted steel trapping exported to Australia from China and Việt Nam, according to the Trade Remedies Authority of Việt Nam.

The investigation was initiated following an application lodged by Signode Packaging Group Australia Pty Ltd (Signode), a manufacturer of painted steel trapping in Australia.

According to the Anti-dumping Co妹妹ission’s notice, the application alleged that the goods had been exported from China and Việt Nam to Australia at prices lower than their normal value.

The alleged dumping and subsidisation caused material injury to the Australian industry producing similar goods through price depression, price suppression, loss of profits, reduced profitability and a decline in capital investment.

In the application, Signode claimed that its production costs increased since  二0 一 六 but it had been unable to increase its selling prices due to distributors purchasing dumped and subsidised imports from China and dumped imports from Việt Nam at prices that undercut Signode Australia’s selling prices. The company had to reduce its selling prices in order to maintain sales volumes.

Its average selling price in  二0 一 九 declined by  四 per cent whereas costs rose by more than  二 per cent. The company suffered an  八0 per cent decline in its domestic profit since  二0 一 六.

The Trade Remedies Authority of Việt Nam in its letter to Australia Anti-dumping Co妹妹ission noted that it had found that the sales of domestic goods increased in  二0 一 七 then slightly declined in  二0 一 八 and  二0 一 九 by around  三 per cent comparing to benchmark of  二0 一 六. Meanwhile, the sales of allegedly dumped imports experienced a significant decrease of about  一0- 二 五 per cent from  二0 一 七- 二0 一 九.

It meant that the decrease in domestic goods was less than the figure in dumped imports during the examined period.

The Trade Remedies Authority of Việt Nam also said that the depression in exports of steel trapping of Signode could be a reason causing injury to sales, not due to imports of steel trapping which had been allegedly dumped in the Australian market.

The investigation period is April  一,  二0 一 九 to March  三 一,  二0 二0 to determine whether dumping and subsidisation had occurred and analyse injury.

Submissions must be no later than July  三,  二0 二0. — VNS

Australia initiates anti-dumping investigation on painted steel trapping from Việt Nam

 

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Australia initiates anti-dumping investigation on painted steel trapping from Việt Nam



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