INVESTIGATION PROGRESS

Date Status
15 Dec 2015 Initiation

IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 22 Mar 2016 | Removal date: open ended
Still in force

Safeguard

On 25 December 2015, the Viet Nam Competition Authority initiated a safeguard investigation on imports of semi-finished and certain finished products of alloy and non-­alloy steel.
The products subject to investigation are classified under the following HS code: 7207.11.00, 7207.19.00, 7207.20.29, 7207.20.99, 7224.90.00, 7213.10.00, 7213.91.20, 7214.20.31, 7214.20.41, 7227.90.00, 7228.30.10 and 9811.00.00. This follows the application lodged on 15 December 2015 by 04 companies.
On 22 March 2016, the Vietnamese authorities imposed a provisional safeguard duty on imports of above steel products. The rate of the duty is 23.3% on certain steel billets and 14.2% on certain long steel products. This measure remains in force for a period not exceeding 200 days.
 
On 2 August 2016, the Vietnamese authorities imposed a definitive safeguard duty on imports of above steel products.
The rate of the duty on certain iron or non-alloy products is 23.3% from 22 March 2016 (the above provisional safeguard duty continued as a definitive duty) for one year, 21.3% from 22 March 2017 for one year, 19.3% from 22 March 2018 for one year and 17.3% from 22 March 2019 for one year. The products subject to this duty fall under the following HS codes: 7207.11.00; 7207.19.00; 7207.20.29, 7207.20.99; 7224.90.00.
The rate of the duty on bars and rods of iron or non-alloy is 14.2% from 22 March 2016 to 1 August 2016 (the above provisional safeguard duty), 15.4% from 2 August 2016 to 21 March 2017, 13.9% from 22 March 2018 for one year, 12.4% from 22 from 22 March 2019 for one year and 10.9% from 22 March 2019 for one year. The products subject to this duty fall under the following HS codes: 7213.10.00; 7213.91.20; 7214.20.31; 7214.20.41; 2727.90.00; 7228.30.10; 9811.00.00.
Both safeguard duties expire on 22 March 2020, if not further extended.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

411 Basic iron & steel
7207 Semifinished products of iron or nonalloy steel.
720711 Of rectangular (including square) crosssection, the width measuring less than twice the thickness
720719 Other
720720 Containing by weight 0.25 % or more of carbon
7224 Other alloy steel in ingots or other primary forms; semifinished products of other alloy steel.
722490 Other
412 Products of iron or steel
7213 Bars and rods, hotrolled, in irregularly wound coils, of iron or nonalloy steel.
721310 Containing indentations, ribs, grooves or other deformations produced during the rolling process
721391 Of circular crosssection measuring less than 14 mm in diameter
7214 Other bars and rods of iron or nonalloy steel, not further worked than forged, hotrolled, hotdrawn or hotextruded, but including those twisted after rolling.
721420 Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling
7227 Bars and rods, hotrolled, in irregularly wound coils, of other alloy steel.
722790 Other
7228 Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or nonalloy steel.
722830 Other bars and rods, not further worked than hotrolled, hotdrawn or extruded

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