New Delhi: India has imposed an anti-dumping duty of USD 121.55 per tonne on imports of hot rolled flat steel products from Vietnam for five years.

The move is aimed at protecting domestic manufacturers from cheap imports.

According to a notification by the finance ministry on Thursday, the imposition of the duty was recommended by the Directorate General of Trade Remedies (DGTR).

“The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification,” it said.

The steel industry has sought a probe into the alleged dumping of these steel products in India. DGTR had conducted the investigation and recommended the imposition of the duty.

The imposition of the

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