Imports from vietnam

Canada probes pipe imports from VietnamThe Saigon Times Daily Steel ingots are seen at a storehouse. Canada probes pipe imports from Vietnam - PHOTO: VIETNAMPLUS HCMC – The Canada Border Services Agency announced on its website last Friday that it had launched an investigation into whether certain carbon steel welded pipes from Pakistan, the Philippines, Turkey and Vietnam were being sold at unfair prices in Canada. It will make a preliminary decision by October 18. The probe follows a complaint filed by Novamerican Steel Inc. of Montreal, Quebec. The company alleges that due to price undercutting in the four countries, the Canadian steel industry faces price suppression, lost sales and reduced profitability and production, as well as undercapacity. The product in question is carbon steel welded pipe, commonly identified as standard pipe, of nominal size, ranging from a half inch to six inches (12.7 mm to 168.3 mm in external diameter), including various forms and … [Read more...] about Canada probes pipe imports from Vietnam

U.S. increases cashew imports from Vietnam due to low pricesThe Saigon Times Daily U.S. increases cashew imports from Vietnam due to low prices - PHOTO: TTXVN HCMC - Since early this year, the U.S. has boosted cashew imports from Vietnam due to their lower prices. In the first four months of the year, cashew shipments to the U.S. surged 30.3%, raising the market share of Vietnamese cashew in the U.S. to 81.3%, well above the 65.5% in the same period last year, local media reports. Additionally, in the first half of June Vietnamese cashew was priced at US$9.07 per kilogram, down 3.5% month-on-month and 11.5% over the same period one year ago. The U.S. is Vietnam’s major cashew buyer, accounting for 36.4% of Vietnam’s cashew exports. According to the U.S. International Trade Commission, from January to April, the U.S. bought 41,400 tons of cashew, up 5% in volume and 12% in value, year-on-year. India is Vietnam’s key rival in the U.S., but its cashew export … [Read more...] about U.S. increases cashew imports from Vietnam due to low prices

U.S. imposes heavy import duties on steel from Vietnam The Saigon Times Daily Rolled steel is seen at a factory in Vietnam. Vietnam’s steel exports to the U.S. now face steep duties - PHOTO: TL HCMC – Vietnam’s steel exports to the U.S. now face steep duties as the U.S. Department of Commerce (DOC) has ruled that steel made in Vietnam uses Chinese-origin substrate. The DOC began on May 21 slapping extremely high duties on steel imports from Vietnam, accusing steel exporters in Vietnam of evading U.S. anti-dumping and anti-subsidy duties against Chinese-made steel. U.S. steel manufacturers, who won anti-dumping and anti-subsidy duties against Chinese steel in 2015 and 2016, said Chinese steel is being diverted to other countries to avoid the duties, according to Reuters news agency.  The U.S. will collect anti-dumping and anti-subsidy duties of 199.76% and 256.44% respectively from imports of corrosion-resistant steel and cold-rolled steel made in … [Read more...] about U.S. imposes heavy import duties on steel from Vietnam