Vietnam’s Ministry of Industry and Trade (MOIT) has announced a revision to its preliminary antidumping duties on hot-rolled coil (HRC) steel products imported from China. While the overall duty range remains unchanged at 19.38% to 27.83%, the ministry has updated the duty rate for a specific company.
Win Faith Trading Limited will now be subject to the maximum preliminary antidumping duty of 27.83%, according to the official notice.
In 2024, China exported 8.65 million metric tons of HRC to Vietnam, underscoring the scale of trade affected by the ongoing investigation.
The products in question fall under the following Harmonized System (HS) codes:
7208.25.00, 7208.26.00, 7208.27.19, 7208.27.99, 7208.36.00, 7208.37.00, 7208.38.00, 7208.39.20, 7208.39.40, 7208.39.90, 7208.51.00, 7208.52.00, 7208.53.00, 7208.54.90, 7208.90.90, 7211.14.15, 7211.14.16, 7211.14.19, 7211.19.13, 7211.19.19, 7211.90.12, 7211.90.19, 7225.30.90, 7225.40.90, 7225.99.90, 7226.91.10, and 7226.91.90.
This move is part of Vietnam’s ongoing efforts to protect its domestic steel industry from unfair trade practices, particularly amid increasing imports from China.
VietnamSteel by Hoa Sen Group
