Tuesday, July 8, 2025, 10:53 GMT+7

Vietnam imposes anti-dumping tariff on hot-rolled steel from China

HANOI -- Vietnam has imposed an anti-dumping levy of up to 27.83% on some hot-rolled coil steel products originating from China after a similar temporary tariff expired, the trade ministry said on Monday.

Vietnam imposes anti-dumping tariff on hot-rolled steel from China

Hot rolled coil (HRC) steel in Vietnam. Photo: Cong Trung / Tuoi Tre

The tariff took effect from July 6 and will be in place for five years, the ministry said in a statement.

In March, the ministry imposed a similar temporary anti-dumping levy that lasted for 120 days.

Among the companies hit by the 27.83% duties are Baoshan Iron & Steel and Maanshan Iron & Steel. Guangxi Liuzhou Iron and Steel Group will also face duties of 23.1%, higher than the 19.38% rate imposed in March, according to the statement.

"Domestic production suffered significant damage," itsaid. "There is a correlation between the dumped imports from China and damage to the domestic sector."

Vietnam launched an anti-dumping investigation last July following complaints from Vietnamese producers.

The government had said that in the January-September period of last year Vietnam imported nearly 8.8 million tons of hot-rolled steel, 72% of which originated from China.

Reuters
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