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In Vietnam, Is Coating Chinese Steel Transshipping, or Good Business?
04/10/2018 - Among the U.S. steel industry’s trade-related grievances has been the practice of transshipping – exporting goods via a secondary country to disguise their origin.
Case in point, steel producers have said, is corrosion-resistant coils from Vietnam, a country that, until late, has had virtually no raw steelmaking capacity of its own, yet accounts for about of 2% of U.S. steel imports, according to The Wall Street Journal.
The Journal takes a closer look at the practice here.
