Vietnam Announces Anti-Dumping Tariffs on Chinese and South Korean Steel

The Vietnamese Trade Ministry said this week it will impose temporary anti-dumping tariffs on some galvanized steel products from China and South Korea.

The tariffs were evidently prompted by pressure from Vietnam’s Steel Association, which has been asking for protection from rapidly increasing Chinese and South Korean steel imports since February. Vietnam has previously imposed anti-dumping tariffs on other forms of steel imported from China.

The Vietnamese Trade Ministry began an investigation of galvanized steel dumping in June 2024 at the request of five major domestic steel companies. The largest of those companies, Hoa Sen Group, holds 27.6 percent of the Vietnamese steel market.

The Vietnamese Trade Industry said that beginning on April 16, all but a few Chinese manufacturers of galvanized steel products would

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