Vietnam’s Ministry of Industry and Trade has officially imposed anti-dumping duties on coated steel products imported from China and South Korea, with rates reaching as high as 37.13%.
The decision, announced on August 14, confirms the final duty rates, which remain unchanged from the provisional measures introduced in April 2025. Specifically:
Products originating from China face a tariff of 37.13%.
Products imported from South Korea are subject to a 15.67% duty.
These duties take immediate effect and will remain in place for five years, unless reviewed or adjusted upon request from relevant stakeholders.
The Ministry’s investigation concluded that exporters from both China and South Korea engaged in dumping practices. More importantly, it confirmed that Vietnam’s domestic coated steel industry has suffered significant material injury, directly linked to the surge in dumped imports.
Authorities stressed that the duty levels could be reviewed and adjusted to ensure the measures remain fair, accurate, and in line with actual market conditions.
The anti-dumping probe was launched in June 2024, following petitions filed by five major domestic steel producers:
Hoa Sen Group (HOSE: HSG)
Nam Kim Steel (HOSE: NKG)
Ton Phuong Nam
Ton Dong A (UPCoM: GDA)
China Steel & Nippon Steel Vietnam
Previously, in April 2025, the Ministry had introduced provisional duties at the same levels, which have now been formalized with the latest decision.
Analysts note that the imposition of anti-dumping duties represents a crucial step to shield local manufacturers from unfair competition, while also creating conditions for Vietnam’s coated steel industry to recover and grow more sustainably.
Tiếng Việt
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