India imposes anti-dumping duty on some steel imports from Vietnam
anti-dumping duty
on some steel shipments from Vietnam, the Ministry of Commerce and Industry said.
This comes a year after the ministry initiated a probe on some steel imports from the Southeast Asian country to analyse threats and consequential injury to India's steel sector.
The duty is on some
hot-rolled flat products
of alloy or non-alloy steel, the ministry said in a notification dated Wednesday.
"Domestic steel industry has suffered injury as a result of dumped imports," it said. "The injury margin is positive and significant."
The ministry flagged further threats to local mills if anti-dumping duties are not levied on other select goods from Vietnam.
In April, India imposed a 12 per cent temporary tariff on some steel imports, locally known as a
safeguard duty
, to curb a surge in cheap shipments primarily from China.
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