Australia has initiated an anti-dumping investigation into galvanized steel imports from Hoa Sen Group, Nam Kim Steel Joint Stock Company, and two Korean companies, covering products imported in 2025. The Anti-Dumping Commission, part of Australia's Department of Industry, Science and Resources, made this decision public on 30/4.
The investigation was initiated following a request from BlueScope Steel. The company alleges that Vietnamese and Korean businesses sold steel in Australia below normal value, harming Australia's domestic steel industry.
According to Australia's Anti-Dumping Commission, the estimated dumping margin for the two Vietnamese companies is 56,21%. The investigation process is expected to conclude, with a report submitted to relevant ministries by 2/10.
In a press release issued on 11/5, Hoa Sen Group clarified that the case is currently in its initiation phase. The 56,21% figure represents an initial allegation by BlueScope Steel in its petition, not a preliminary or final finding by the Australian investigating authority.
"In trade defense cases, the requesting party often uses selected reference data and assumptions to establish a high initial allegation, thereby strengthening the basis for initiating an investigation," Hoa Sen explained.
In 2015, Hoa Sen also faced allegations of dumping galvanized steel sheets in Australia with a margin of 16,26%. After an investigation, Australian authorities concluded the actual figure was 0%.
The Trade Remedies Authority, under the Ministry of Industry and Trade, advises the two companies to fully cooperate with Australia's Anti-Dumping Commission throughout the process. Any lack of cooperation could lead to the application of the highest anti-dumping duties. Companies also need to proactively develop suitable defense strategies, diversify markets, and export products.
Phuong Dong
