Vietnam, Australia & Korea Just Added New Steel Tariffs – CNB Group Redirects Your Supply to Tariff-Free Markets

The trade wall against Chinese steel keeps growing. In just the past few weeks, three more major markets have imposed new duties – and CNB Group is already one step ahead.

Vietnam – On July 6, 2026, Vietnam officially imposed five-year anti-dumping duties of 23.1% to 27.8% on Chinese hot-rolled steel.The investigation, initiated in July 2024 following a petition by Hoa Phat Dung Quat and Hung Nghiep Formosa Ha Tinh, found that Indian imports were too low (under 3%) to warrant measures, leaving Chinese exports as the sole target.

Australia – On June 24, 2026, Australia imposed provisional anti-dumping and countervailing duties on Chinese flat-rolled steel products.Rates range from 9.4% to 51.2% depending on the exporter, with non-cooperative exporters facing the highest rate.The investigation covers non-alloy or other alloy steel flat-rolled products, thickness ≥4.75mm, width ≥600mm.

South Korea – On June 23, 2026, Korea officially imposed anti-dumping duties of 28.16% to 33.10% on Chinese carbon and alloy steel hot-rolled plates and coils.The duties cover 36 tariff codes under HS 7208, 7211, 7225, and 7226.

✅ Diversified market coverage – We serve clients across Southeast Asia, the Middle East, Africa, and South America, not just tariff-hit markets.

✅ Ready stock for rapid redirection – Our expanded inventory of PPGI, GI, and GL coils allows us to quickly reroute shipments to alternative destinations.

✅ Real-time trade monitoring – We track all anti-dumping developments daily and share timely updates with our clients.

The tariff walls are closing in. But with CNB Group, your supply chain stays open.

📩 Contact us today to discuss alternative markets, adjust your procurement schedule, or expedite shipments before the next tariff hits.