India Slaps Anti-Dumping Duty on Vietnamese Steel—but the Hit May Be Soft
12 Articles
12 Articles
Anti-dumping duty imposed on Vietnam steel for five years
India has taken a bold stance against unfair trade practices by imposing an anti-dumping duty on steel imports from Vietnam, specifically targeting hot-rolled flat steel products for the next five years. This decisive action aims to block the rerouting of Chinese steel into Indian markets.
India imposes anti-dumping duty for 5 yrs on steel imports from Vietnam
New Delhi: India has imposed an anti-dumping duty of USD 121.55 per tonne on imports of hot rolled flat steel products from Vietnam for five years. The move is aimed at protecting domestic manufacturers from cheap imports. According to a notification by the finance ministry on Thursday, the imposition of the duty was recommended by the Directorate General of Trade Remedies (DGTR). “The anti-dumping duty imposed under this notification shall be e…
India Shields Steel Sector with Anti-Dumping Duty on Vietnamese Imports
India has levied an anti-dumping duty of USD 121.55 per tonne on hot rolled steel coils from Vietnam to protect the domestic industry. As Vietnamese imports rose by 17%, this measure aligns with the Aatmanirbhar Bharat initiative to bolster national manufacturing capability and curb unfair practices.
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