August, 2018, after a few month after 25% import duty under Section 232 that issued by USA, EU slapped Safeguard duty on 28 kind of steel product to protect its domestic factories. These actions made a strong wave for world steel market and there are a lot of market imposed new anti-dumping duty or safeguard duty and Trade defense become a best tools to ensure domestic production is not affected.
But in 27, September, 2019, the Official Journal of the European Union has issued a Commission implementing regulation that related to Safeguard measure against imports of certain steel products
The Commission has intended to change tax rate from 25% to 20%, but through this review investigation, they defined that there are more injuries are found and need to change some rules.
Under WTO Regulation, the if the import volume of developing countries smaller than 3%, the plaintiff can not apply Safeguard duty. But after this review investigation, there are some developing countries are subject to taxes, including Vietnam with 4 products: Non Alloy and Other Alloy cold Rolled Sheets, Metallic Coated Sheets, Stainless Cold Rolled Sheets and Strips, Other Seamless Tubes.
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