The Trade Remedy Authority of Vietnam has issued Decision 460/QD-BCT on 21 February 2025 to impose the preliminary anti dumping duty rates against Hot-Rolled Steel (“AD rate”) from China and India. Accordingly, the AD rate only applies to HRS from China. HRS from India shall not be subject to the preliminary AD rate for the reason that the HRS import volume from India does not meet the regulatory minimum amount (3% of total HRS import volume);

The country-wide AD rate is 27.83%.There are 16 Chinese manufacturers (and their affiliates) receiving the company-specific AD rates, which ranges from 19.38% to 27.83%.

The AD rate shall enters into force on 8 March 2025, and shall be valid until 5 July 2025. The final conclusion of this investigation is expected to be completed on 26 July 2025.

Author

Thanh Vinh is a Branch Manager and Partner in Baker McKenzie's Hanoi office.

Author

Ngoc Trung is a Senior Regulatory Advisor in Baker McKenzie's Hanoi office.