Posted on 07 Jul 2025
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.
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.
Source:Reuters
