The European Commission has imposed anti-dumping duties of 12.1% on hot-rolled steel imports from Vietnam, according to the Ministry of Industry and Trade.

Vietnam spent US$10.48 billion to import nearly 15 million tonnes of steel in the first 10 months of this year, an additional concern of the domestic industry which is struggling to compete with the flood of cheap steel.

India's Ministry of Finance has just issued an order to impose a tax of 12-30% on some steel products imported from China and Vietnam, including steel pipes and welded stainless steel pipes, to protect its domestic industry.

VOV.VN - Vietnam imported over 8.22 million tonnes of iron and steel during the first half of this year, up 48% in volume and 25% in value compared to the same period from last year.

VOV.VN - Vietnamese steel exports to a number of major markets worldwide witnessed positive signs last year, with ASEAN and EU being the largest buyers, according to the 2023 Import-Export Report.

VOV.VN - During the past three months of the year, Italy continued to be Vietnam's largest iron and steel import market, with the country’s export turnover approximating US$299 million, marking increases in both volume and value over the same period from last year.

India’s Directorate General of Trade Remedies (DGTR) has taken the first step in conducting a sunset review of countervailing duties on stainless steel welded pipes imported from Vietnam.

The European Union (EU) has decided to extend tariffs and quotas on various types of steel imports from Vietnam until the end of June 2024.

The International Trade Practices Unit (UPCI) of Mexico’s Ministry of Economy has decided to adjust the tax rate imposed on galvanised steel imports from Vietnam, according to the Ministry of Industry and Trade (MoIT).

The Ministry of Industry and Trade has decided to remove anti-dumping duties on coated steel imports from the Republic of Korea (RoK) and China after five years of imposing the duty.