Vietnam adds to global steel turmoil with tariffs hitting China


HANOI: Vietnam will impose anti-dumping tariffs on steel from China, following South Korea and other nations in fighting back against surging supplies from the world’s biggest producer.

The South-East Asian nation will impose temporary tariffs on some hot-rolled coil starting from early March, according to a statement from the Ministry of Industry and Trade on Friday (Feb 21). Outside China itself, Vietnam is the biggest single buyer of Chinese steel, and hot-rolled coil is a major export product.

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Vietnam , China , steel tariffs

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