India has imposed a five-year anti-dumping duty on hot-rolled flat steel imported from Vietnam. The decision aims to stop underpriced steel from affecting Indian manufacturers and support domestic steel production. The duty was recommended after an investigation into import pricing and its impact on Indian industry.
India Imposes Five-Year Anti-Dumping Duty on Vietnamese Hot-Rolled Flat Steel Imports
Duty Targeted at Steel Imports
The Directorate General of Trade Remedies (DGTR) has set a duty of USD 121.55 per tonne on Vietnamese hot-rolled flat steel (alloy and non-alloy). The duty applies to steel:
- Up to 25 mm thickness
- Up to 2,100 mm width
Products not included are:
Stainless steel
Coated, plated, or clad steel products
Most Vietnamese exporters must pay the full duty. However, Hoa Phat Dung Quat Steel JSC has been exempted because it had a low dumping margin.
Curbing Chinese Steel Diversion
Experts say that Vietnam has been used as a route for Chinese-origin steel entering India at cheaper rates.
In FY25, India imported 9.5 million tonnes of steel, including 2.4 million tonnes from China.
Early FY26 data shows a decline in steel imports, including a sharp fall in Chinese shipments.
The duty aims to reduce indirect inflow of Chinese steel into India.
Part of India’s Wider Trade-Defense Strategy
This move supports the Aatmanirbhar Bharat initiative, which focuses on self-reliance and strengthening domestic manufacturing.
It is part of a larger plan involving:
- Safeguard tariffs
- Trade investigations on unfair imports
- Measures to boost local steel capacity
Exam-Oriented Notes
- India imposed USD 121.55/tonne anti-dumping duty on Vietnamese hot-rolled flat steel.
- Applicable to alloy and non-alloy steel up to 25 mm thickness and 2,100 mm width.
- Hoa Phat Dung Quat Steel JSC is exempted.
- India’s steel imports in FY25: 9.5 million tonnes, including 2.4 million tonnes from China.
- Aim: Protect domestic steel sector and reduce Chinese steel diversion via Vietnam.
Question & Answer
Q1. India imposed anti-dumping duty on hot-rolled flat steel imports from which country?
(a) China
(b) Japan
(c) Vietnam
(d) South Korea
Answer: Vietnam
Q2. What is the imposed anti-dumping duty per tonne on Vietnamese steel?
(a) USD 89.20
(b) USD 95.00
(c) USD 121.55
(d) USD 150.75
Answer: USD 121.55
Q3. The new duty applies to steel of what maximum thickness?
(a) 10 mm
(b) 18 mm
(c) 25 mm
(d) 35 mm
Answer: 25 mm
Q4. Which Vietnamese exporter was exempted from the anti-dumping duty?
(a) Vietnam Steel Corp
(b) Hoa Phat Dung Quat Steel JSC
(c) Vina Kyoei Steel
(d) Posco Vietnam
Answer: Hoa Phat Dung Quat Steel JSC
Q5. India imported how many million tonnes of steel in FY25?
(a) 5.2 million tonnes
(b) 7.4 million tonnes
(c) 9.5 million tonnes
(d) 12.3 million tonnes
Answer: 9.5 million tonnes
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