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India set to curb Vietnam steel imports
Mint Hyderabad
|August 20, 2025
India moved closer to protecting its steelmakers from cheap imports after the commerce ministry's trade remedies arm recommended anti-dumping duties on certain Vietnamese steel products.
India moved closer to protecting its steelmakers from cheap imports after the commerce ministry's trade remedies arm recommended anti-dumping duties on certain Vietnamese steel products. The measure, if imposed, would benefit Tata Steel, JSW Steel and Steel Authority of India Ltd (SAIL).
Last week, the Directorate General of Trade Remedies proposed a duty of $121.5 per tonne on hot-rolled flat products of both alloy and non-alloy steel from Vietnam. Once notified, the duty will remain in place for five years.
Hot-rolled coil (HRC) flats are key inputs for welded pipes and tubes, automobiles, and construction. With the tariff in place, Vietnamese steel will turn costlier than finished steel from Indian producers.
This story is from the August 20, 2025 edition of Mint Hyderabad.
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