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China: Vietnam Imposed Anti-dumping Duties on Chinese Steel Exports

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Hangzhou, China - February 23, 2025 Aerial footage shows steel parked at a wharf at a steel market in Hangzhou, Zhejiang province, China, February 23, 2025. Vietnam announced on February 21 that it will levy anti-dumping duties of 19.38%, 26.94% and 27.83% on Chinese steel products exported to Vietnam. The anti-dumping duties will be imposed on March 8, 15 days later. Industry insiders said that in 2024, China exported 12.738 million tons of steel to Vietnam, and Vietnam is China's largest steel export destination.

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