09:30 | 07/07/2017 Trade
Australia’s Anti-Dumping Commission (ADC), under the Australian Department of Industry, Innovation and Science, has decided to stop their investigations and to not impose countervailing duty on Vietnam’s aluminum extrusions.
The details were announced on July 5 by the Vietnam Competition Authority (VCA), under the Ministry of Industry and Trade.
The ADC concluded that the dumping margin for Vietnamese cooperative exporters ranges from 7.7% to 18%, while the figure for non-cooperative exporters is 34.9%.
In June, 2016, the ADC initiated anti-dumping and anti-subsidy investigations into aluminum extrusion products imported from Vietnam and Malaysia.
According to the plaintiff, Vietnamese aluminum extrusion products were dumped on the Australian market with a dumping margin of 10.19%. The company also claimed that the aluminum product makers received subsidies from the Vietnamese Government, including preferential import tariffs for fixed assets, incentives for corporate income tax and tax incentives for non-agricultural land.
The investigative commission examined exports during the period from July 1, 2015 to June 30, 2016, in order to determine whether dumping or subsidisation had occurred. Details of the Australian market were examined, dating from July 1, 2012, for injury analysis purposes.