The Ministry of Industry and Trade received information about the US Department of Commerce (DOC) issuing a preliminary conclusion on the anti-dumping investigation case with products under investigation being reinforced concrete steel bars with 17 HS codes imported from Vietnam.
During the investigation, DOC selected a Vietnamese enterprise as a mandatory defendant, of which the total number of affiliated companies related to this enterprise is 10 companies. According to the preliminary conclusion just issued, the preliminary anti-dumping tax rate has been announced.
Accordingly, the obliged defendant company and affiliated companies of Hoa Phat Group, including Hoa Phat Dung Quat, Hoa Phat Hai Duong, Hoa Phat Hung Yen... have an anti-dumping tax rate of 121.97%. The remaining companies throughout Vietnam producing this product will be subject to a tax rate of 130.77%.
According to the Trade Remedies Authority, the preliminary anti-dumping duty on exported goods of Vietnam is currently quite high. This level is higher than the preliminary anti-dumping duty on exports from Bulgaria (52.80%) and Egypt (34.20% - 52.33%) both being investigated.
Therefore, the Department recommends that Vietnamese businesses should make efforts and actively cooperate to minimize anti-dumping duties in the final conclusion.
In fact, preliminary reports show that the output and value of steel mortar and concrete exports of Vietnam to the US have increased sharply in recent years. In 2022, export output only reached more than 43 tons, equivalent to about 43,000 USD. By 2023, this level increased with an output of 27,700 tons, with a value of 16.8 million USD; and in 2024 it reached about 56,400 tons, equivalent to nearly 30 million USD.
According to the investigation process, after having preliminary anti-dumping conclusions, the DOC may issue additional questionnaire sheets, and will conduct on-site appraisal of Vietnamese businesses to verify the information provided.
It is expected that DOC will issue the final conclusion of the anti-dumping tax investigation in July 2026.
In order to achieve positive results in the final conclusion, the Trade Remedies Authority recommends that relevant businesses include studying the preliminary conclusion of the DOC and consulting with consulting lawyers to prepare counter-arguments and necessary evidentiary documents.
Closely monitor the developments of the case and continue to fully cooperate with DOC, prepare carefully for the on-site verification phase. Actively coordinate with the Trade Remedies Authority in the following stages of the case and when DOC conducts on-site verification, promptly propose necessary support measures.
