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India set to curb Vietnam steel imports
Mint Chennai
|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.
यह कहानी Mint Chennai के August 20, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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