India slaps anti-dumping duty on steel from China, Vietnam, Korea

The duty is applicable on products originating from or exported from China, Vietnam and Korea and imported into India

In a bid to curtail cheaper imports of flat steel in the value-added segment, the government on Monday announced anti-dumping on flat-rolled product of steel, plated or coated with aluminium and zinc.

However, the duty is applicable on products originating from or exported from China, Vietnam, and South Korea and imported into India. The anti-dumping duty will be effective for a period of five years from the date of imposition of provisional anti-dumping effective October 15, 2019, and shall be payable in Indian currency.