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23 Mar
04:29

Vietnam lifts safeguard on billet, extends on longs

Vietnam will no longer impose safeguard measures on imported billet, Kallanish notes. However, new safeguard measures on rebar and wire rod of 6.1-6.3% will continue for another three years. The safeguard duty of 11.3% which had applied during 22 March 2022-21 March 2023 will not be extended, according to a document released by Vietnam’s Ministry of Industry & Trade. The billet imports are categorised under HS codes 7207.11.00, 7207.19.00, 7207.20.2…
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