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America '' flexing '' Steel Vietnam: Truth Chinese elements?
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US domestic steel production is weaker than the water, while Vietnam has many advantages, low cost steel exports should anti-dumping lawsuits. US wants Vietnam Steel flexing?
Competition Administration Department (MOIT) said, after the United States duty order issued with corrosion-resistant steel products (galvanized), China's exports to the United States significantly reduced the volume of exports this product from Vietnam to the United States increased dramatically.
Traders in the US plate market has been canceled their orders for products of cold rolled and galvanized sheet of Vietnam by US steel producers now filed a lawsuit to the US Department of Commerce.
The root cause of this is due to the US steelmaker China Steel misgivings had been flown to Vietnam to export to this country.
Prior information and exchange with the Vietnam, Pham Chi Cuong, former Chairman of the Vietnam Steel Association said grasped information.
According to Cuong, the underlying causes that some businesses in the US steel producers filed a lawsuit against the tax evasion of anti-dumping and anti-subsidy duty on cold rolled steel products imported from Vietnam is due to the product our prices are much lower than in the US.
"The US is the main steel production than countries. The actual source material and their workers, so when producing expensive products are more expensive.
Meanwhile Vietnam buy raw steel plate, hot rolled coil from China, Russia cheap. Then we cut to the lower left of then welded. If including raw material prices, rents and transport workers to export to the US is still cheaper than US companies.
When we come into cheaper, affecting the consumption of domestic manufacturers should conduct new US such events. That's the underlying causes leading to this lawsuit. They protect their rights, that's all, "Cuong said.
In addition, Mr. Cuong also said that the US side also expressed concern and making Vietnam has accused Chinese enterprises are making steel in our country.
"The US fear of China took the brand manufacturer in Vietnam to legalize the sale of Chinese products into the US. So whether Vietnam can produce away, the export also difficult, "Cuong said.
Assoc. TS. Nguyen Son Lam - Iron and Steel Engineering Department - Hanoi University of Technology said that what Vietnam is not alone, but many others while steel exports to the US market is difficult to be the country's firms to sue .
Get practical examples from China, Dr. Lin pointed out, the US issued a duty order with China for anti-dumping tax rate of 199.4% and countervailing duties is 241.4%.
"This is the strategy of each country. They have to protect domestic businesses when many countries on steel exports to the US market. Not only Vietnam but other countries also need to find a way to resolve this situation, "Dr. Lam said.
Vietnam must prove ...
Dr. Lin said, Vietnam fully capable of cold-rolled steel production by applying high technologies and techniques.
"SENDO steel plant in Vung Tau or some other steel mills in the North, including Hoa Phat has produced cold rolled steel after the materials from abroad and then proceed laminates. So with US businesses with steel anti-dumping Vietnam, I suppose Steel Association have defended the business. In addition, businesses need to prove themselves, not steel producers imported steel from China and sold to the US, "said Dr. Lam.
According to Dr. Lam, in the present context, if Vietnam does not do to the same, the latter certainly domestic enterprises will face more difficulties in finding a steel exports to the US market.
"If there is a complete dossier, evidence that Vietnam can completely reject the accusations and lawsuits from the US," Dr. Lam said.
Meanwhile, Pham Chi Cuong also emphasized that Vietnam must prove the purity and objections because US businesses lose our credibility.
"Responsibilities of Vietnam now is to prove self-produced, with no assistance from the government silent, no commercial fraud. Vietnam's exports to the US more is because we have the advantage. Now must investigate and clarify these issues, "Mr Cuong stated opinion.
Hoang Nam
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18/8/2025
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