Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Vietnam’s Ministry of Industry and Trade has announced the implementation of five-year anti-dumping tariffs on specific hot-rolled steel imports from China, effective July 6, 2025. The new duties, ranging from 23.1% to 27.8%, target flat-rolled or alloy steel products—whether alloyed or not—that are hot-rolled with thicknesses between 1.2mm and 25.4mm and widths not exceeding 1,880mm.
These tariffs exclude stainless-steel and hot-rolled plate products.
The decision follows a detailed investigation which concluded that hot-rolled steel from China—and to a lesser extent, India—was being dumped on the Vietnamese market, undercutting domestic producers and disrupting fair competition. Imports from India were deemed insignificant, constituting less than 3% of the total volume.
This measure aligns with broader regional efforts to curb unfair trade practices in the steel industry. Just days prior, Malaysia also imposed provisional anti-dumping duties on iron and steel imports from China, South Korea, and Vietnam, with rates ranging from 3.86% to 57.90%.
Vietnam's action is seen as a strategic step to protect its domestic steel sector amid growing global concerns over surplus and underpriced steel flooding international markets.
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