Tariffs on imported cold-rolled stainless steel raised

by VTV404 May 2016 Last updated at 09:59 AM

(Photo illustrated: VIR)
(Photo illustrated: VIR)

VTV.vn - The Ministry of Industry and Technology has increased anti-dumping tariffs on cold-rolled stainless steel imports from China and Indonesia, with the new duties to take effect on May 14.

Meanwhile, imported products from Malaysia will see lower tariffs. Cold-rolled stainless steel imported from China will face anti-dumping tariffs of over 25%, instead of 4.64 or 6.87% as currently.

Similar types of steel imported from Indonesia will also be subject to a 13.03% tariff, a four-fold increase. However, imported products from Malaysia will actually see a cut in tariff to 9.55%.

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