Under the ruling, Chinese coated steel products will face tariffs as high as 37.13%, while those from the RoK will be subject to duties of up to 15.67%. The final decision follows thorough inspections of overseas producers and exporters, as well as an assessment of the damage to both domestic manufacturers and downstream industries reliant on coated steel.

Investigators concluded that dumping practices had indeed taken place and were directly linked to material injury sustained by Vietnam’s steel sector. The anti-dumping duties are legally compliant and designed to restore fair competition, while remaining open to review upon valid requests from affected parties.

The investigation was launched in June 2024 at the request of five Vietnamese steel producers: Hoa Sen Group, Nam Kim Steel, Phuong Nam Steel, Dong A Steel and China Steel & Nippon Steel Vietnam. The dumping assessment covered the period from April 1, 2023 to March 31, 2024, while the injury review spanned six years, beginning in April 2018.

Authorities said the trade defence measure is intended to ensure the long-term stability of domestic industry and uphold the rules-based trading system.

Hoa Phat’s hot rolled coil steel escapes EU anti-dumping duties

The European Commission (EC) has issued its final ruling in the anti-dumping investigation into imports of hot rolled coil (HRC) steel from Egypt, Japan and Vietnam, with Hoa Phat Group receiving a duty rate of 0%.