•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Galvanized steel imported into Australia by Hoa Sen Group and Nam Kim Steel Joint Stock Company is under an anti-dumping investigation by Australian authorities. The Trade Remedies Authority (Ministry of Industry and Trade) said that galvanized steel from Hoa Sen Group, Nam Kim Steel Joint Stock Company, and two South Korean companies imported into Australia in 2025 is subject to anti-dumping investigation. The decision was announced by the Australian Anti-Dumping Commission under the Department of Industry, Science and Resources on April 30. The investigation was initiated following a petition from BlueScope Steel. The company argued that Vietnamese and South Korean firms were selling steel in Australia below normal value, harming the domestic steel industry. According to the Australian Anti-Dumping Commission, the estimated dumping margin for the two Vietnamese companies is 56.21%. The investigation is expected to be completed and a report submitted to relevant ministries by October 2. In a press release on May 11, Hoa Sen Group said the matter is at the initiation stage. The 56.21% is the initial allegation stated by BlueScope in the petition, not a preliminary or final conclusion by the Australian investigation agency. “In trade-defense cases, the petitioner often uses reference data and assumptions of their choosing to build a high initial allegation to strengthen the basis for initiating the investigation,” Hoa Sen said. In 2015, Hoa Sen also faced anti-dumping allegations on galvanized steel roofing in Australia with a margin of 16.26%. After the investigation, the agency concluded the actual figure was zero. The Trade Remedies Authority urged the two companies to cooperate fully with the Australian Anti-Dumping Commission throughout the proceedings, as any non-cooperation could lead to the highest anti-dumping duty. The companies should proactively plan their defense strategy, diversify markets and product lines.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
