India imposes anti-dumping duty on Vietnamese steel imports

Investing.com -- India has imposed anti-dumping duty on certain steel shipments from Vietnam, according to a Wednesday notification from the Ministry of Commerce and Industry.

The duty targets hot-rolled flat products of alloy or non-alloy steel from the Southeast Asian nation. This action follows a year-long investigation that began in August 2024, which examined potential threats and injury to India’s domestic steel sector.

"Domestic steel industry has suffered injury as a result of dumped imports," the ministry stated in its notification. "The injury margin is positive and significant."

The ministry also warned of further threats to local steel mills if anti-dumping duties are not extended to other select goods from Vietnam.

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