India imposes AD duty on hot-rolled flat products from Vietnam
Views : 97
Update time : 2025-08-15 19:23:15
India has imposed an anti-dumping (AD) duty on hot-rolled steel imports from Vietnam for five years, following a recommendation from the Directorate General of Trade Remedies (DGTR). The duty was set at US$121.55/ton, applied to hot-rolled flat products of alloy or non-alloy steel, not clad, plated, or coated, of a thickness up to 25 mm and a width up to 2,100mm, in coils and cut to length. Hoa Phat Dung Quat Steel JSC is exempted from the measure.
The decision comes after an investigation, initiated in August 2024, which determined that Vietnamese steel was being dumped at positive and significant margins, causing material injury to India's domestic steel industry.
The probe, launched at the request of the Indian Steel Association (ISA) on behalf of JSW Steel Limited and ArcelorMittal Nippon Steel India Limited, found that imports of the subject goods from Vietnam accounted for approximately 21% of total hot-rolled flat product imports during the investigation period.
The DGTR said declining profitability and price undercutting are the main factors harming local producers. This AD measure is to reduce further injury to domestic mills and protect India's steel industry from cheap imports.
