India Sanctions Chinese Steel Imports, Further Straining Already Frayed Ties

Vietnam on Monday, February 24, 2025, announced a temporary anti-dumping duty on hot-rolled coil (HRC) steel imports from China.
Vietnam on Monday, February 24, 2025, announced a temporary anti-dumping duty on hot-rolled coil (HRC) steel imports from China.

Already strained Sino-Indian ties suffered another setback this week after New Delhi imposed tariffs on some Chinese steel imports as part of an effort to crack down on what it claimed was predatory pricing.

The new five-year duties are specifically targeted at steel wheels used in tires, amounting to less than a ton of imports each year, so the economic impact on China’s vast steel industry will be negligible.

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by Eric Olander

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