India slaps anti-dumping duty on steel imports from Vietnam

India has imposed a five-year anti-dumping duty of $121.55 per tonne on hot-rolled flat steel imports from Vietnam, which is being seen by industry observers as a move aimed at stopping cheap Chinese steel from flooding the domestic market. The move came after the Directorate General of Trade Remedies (DGTR) conducted a detailed investigation into pricing practices and their impact on Indian producers. The duty applies to hot-rolled flat steel, both alloy and non-alloy, with thicknesses up to 25 mm and widths up to 2,100 mm, excluding clad, plated, coated and stainless steel products. Notably, most Vietnamese exporters face the full levy, while Hoa Phat Dung Quat Steel JSC has been exempted due to a low dumping margin. 

India’s steel imports had reached 9.5 million tonnes in FY25, with Chinese shipments accounting for 2.4 million tonnes in the first 11 months, as per a report.

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