Prevent religious, cheap steel into the market

Vietnam Steel Association, said today, religious items, Vietnam steel market are imported from abroad is growing strongly in volume.

 

The total volume of steel imports from abroad May 8, 2015 has reached nearly 13 million tons, the estimated value of nearly $ 6.4 billion, up 37.2% in volume but up 11% in value. In particular, imports from China accounted for a high proportion (about 60%) and likely to rise in the future

Mr. Nguyen Van Sua, Vice Chairman of the Vietnam Steel Association said the poor purchasing power of the real estate sector and manufacturing making bleak market, so China continues to promote exports of raw materials and finished steel . Additionally, through the number and value of imports showed somewhat cheap steel from China to Vietnam with larger quantities. In particular, the introduction of boron, chromium ... steel to bend the rules, benefit from the import tax policy continues. This is making the domestic market become "suffocate" more.

 

According to Tran Ngoc Chu, general director of Hoa Sen Group, the steel sheet imported goods from China with low quality, cheap, and information about the manufacturer, specifications and standards is not possible commodity present or not expressed clearly and fully on the conditions for the sale of fraud to consumers, forgery imitation prestige products are marketed.

 

Meanwhile, the Joint Circular No. 44/2013 / BCT-BKHCN TTLT quality control of imported steel is not yet effective, accept too many standards for imported steel, including basic standards basis, leading to imported steel is not strictly managed.

 

Particularly sheet products, data compiled by Group Lotus said, in 2014, Vietnam imported products of steel sheet, cold sheet, color sheet totaling more than 936 000 tonnes, an increase of 379% compared to 2012 and in just 7 months, Vietnam has imported over 1.06 million tons of corrugated, up 836% compared to May 7, 2012.

 

However, it is noteworthy that among more than 1 million tons of imported sheet of May 7, 2015, more than 990,000 tons, it has adhered since China entering the Vietnam market, accounting for 93% and has increased 1,312% over the year 2012.

 

Mr. Tran Ngoc Chu said, these goods into Vietnam more and more, are sold at increasingly cheap, threatening to cause serious injury to domestic producers. This stems from the galvanized steel products China repeatedly sued trade defense including anti-dumping, anti-subsidy and safeguard trade in export markets such as America, Europe, East ... South Asia, particularly in Vietnam, but there is no trade defense measures does for galvanized steel products imported from China.

 

Another is that China is overcapacity and solution offering is further exported; the devaluation of the yuan also makes Vietnam precede major threat from cheap imports flood the market China.

 

Therefore, if the blocking galvanized steel products imported from these countries into Vietnam's urgent problems is to prevent cheap galvanized steel products from China is vital for manufacturing industry country.

 

Mr. Tran Ngoc Chu said that Vietnam needs to consider the initiation of safeguard investigations accessories trade for galvanized steel products imported from countries in Vietnam; which initiated antidumping investigation for galvanized steel products imported from China into Vietnam.

 

For Circular 44, according to the CEO of Group Lotus, Vietnam steel sheet to export to meet the requirements of quality and expertise of countries such as SIRIM of Malaysia, Indonesian SNI ... Therefore, to protect consumers and producers in the country, Vietnam also needs to develop a system to apply the national standards to ensure the efficiency in the management of quality steel imports from all Similar imports from Malaysia and Indonesia are applied.

 

Along this perspective, the Vietnam Steel Association business group as BlueScope steel sheet, China Steel Sumikin, Southern Sun, Sun East Asia ... said, based on the process set technical barriers of Indonesia and Malaysia, takes concrete steps to check a standard galvanized steel products allowed to be imported into Vietnam as the listing, check the actual plant, product quality inspection: origin, trademark , certification and technical characteristics ...

 

 

                                                                                                                                                                                      Duc Dung (VNA)