India Imposes Anti-Dumping Duty On Some Steel Imports From Vietnam
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% temporary tariff on some steel imports, locally known as a safeguard duty, to curb a surge in cheap shipments primarily from China.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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