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Vietnam will conduct strict control of steel imports

According to the Vietnam Economic Times reported: steel products automatic import licensing mechanism from the Vietnam Ministry of Industry and Trade Import and Export Departmentwill come into effect on September 20, 2012 . this will be a more effective management of Vietnam's imports of steel products, especially in the face of cheap Chinese steel products "tax avoidance" Under the original regulations, the construction of steel import tariffs of 15%; alloy steel used as building materials import tariff of 10%; 0% for the production of electrode alloy steel import tariffs. Many importers to take advantage of this to add trace amounts of the element boron (Bo, 0.005%) in steel, construction steel disguise as alloy steel, in order to enjoy low tariffs.According to the Vietnam Economic Times reported: steel products automatic import licensing mechanism from the Vietnam Ministry of Industry and Trade Import and Export Departmentwill come into effect on September 20, 2012 . this will be a more effective management of Vietnam's imports of steel products, especially in the face of cheap Chinese steel products "tax avoidance" Under the original regulations, the construction of steel import tariffs of 15%; alloy steel used as building materials import tariff of 10%; 0% for the production of electrode alloy steel import tariffs. Many importers to take advantage of this to add trace amounts of the element boron (Bo, 0.005%) in steel, construction steel disguise as alloy steel, in order to enjoy low tariffs.
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