Vietnam to impose temporary anti-dumping tariffs on galvanised steel from China, South Korea ...0

The tariffs will take effect from April 16 and be in place for 120 days, the statement showed.

South Korea's Hyundai Steel will face a 13.7% tariff, while other South Korean steel manufacturers will be levied at 15.67%, with the exception of POSCO, KG Dongbu Steel, and Dongkuk Coated Metal, the statement showed.

In February, Vietnam also imposed a temporary anti-dumping duty ranging from 19.38% to 27.83% on some hot-rolled steel products from China, effective from March 7.

However, the U.S. from March 4 has levied 25% tariffs on all its steel imports and has previously imposed anti-dumping duties on multiple Vietnamese steel products and manufacturers, in some cases exceeding 25%.

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