India Imposes Five-Year Anti-Dumping Duty on Select Steel Products from Vietnam to Shield Domestic Industry

India Safeguards Steel Sector with Anti-Dumping Duty on Vietnamese Imports

In a significant move to protect its domestic steel industry, India has imposed a fixed anti-dumping duty of $121.5 per tonne on certain hot-rolled flat products of alloy and non-alloy steel imported from Vietnam. The duty period is set for five years, reflecting findings by the Directorate General of Trade Remedies (DGTR) that such imports caused substantial injury to local manufacturers.

The Ministry of Commerce and Industry issued the notification following a thorough investigation initiated a year ago after complaints from Indian steel producers about a surge in dumped imports undercutting domestic prices by up to $87 per tonne even after tariffs.

This decisive action follows an earlier temporary 12% safeguard duty to halt a price slump largely caused by cheap shipments mainly from China. The anti-dumping duty complements national efforts aimed at boosting self-reliance and competitiveness in India’s robust steel manufacturing sector.

Industry stakeholders welcome the duty as a necessary step to stabilize prices, safeguard investments, and ensure sustainable growth of the domestic steel supply chain.

Key Highlights:

Anti-dumping duty of $121.5/ton imposed on hot-rolled flat steel from Vietnam.

Duty effective for five years, after a comprehensive DGTR investigation.

Aimed at protecting domestic steel makers from injurious dumped imports.

Imported steel prices were undercutting local markets by as much as $87/tonne.

Supplements prior safeguard duty measures responding to surge in cheap imports.

Supports India's policy for steel sector self-reliance and competitiveness.

Source: Reuters, MetalBook, Business Standard, Ministry of Commerce and Industry (2025)