Hoa Phat's hot rolled coil (HRC) steel is officially not subject to anti-dumping tax by the EU.

On July 16, 2025, the European Commission (EC) issued a final decision on the anti-dumping investigation into certain hot-rolled steel products imported from Egypt, Japan and Vietnam into the European Union (EU). According to this decision, hot-rolled steel coils of Hoa Phat Group are not subject to anti-dumping duties by the EU.

Hoa Phat 's hot rolled coil (HRC) steel is officially not subject to anti-dumping tax by the EU.

Hoa Phat HRC steel exported to Europe is subject to a 0% tax rate, the European tax rate applied to other Vietnamese enterprises is 12.1%. Japanese hot-rolled steel imported to the EU is subject to a tax rate of 6.9% - 30.4%, Egypt is 11.7%.

The 0% tax rate helps Hoa Phat maintain its competitive advantage in the EU market and especially downstream enterprises using Hoa Phat's HRC can confidently export to the EU without facing barriers regarding origin and dumping of raw materials.

The fact that Hoa Phat's HRC is not subject to anti-dumping tax by the EU reflects Hoa Phat's internal capacity and international legal experience and the maturity of Vietnamese enterprises in adapting and meeting the strict standards of the global market.

Hoa Phat's success is due to optimizing costs at all stages of production, from input materials to finished products, improving product quality, ensuring international standards at reasonable prices. Hoa Phat's accounting system is clear and transparent, ensuring the retrieval of complete and accurate reference data. During the investigation process, Hoa Phat cooperated closely and proactively provided full data and relevant information to the EU investigation agency.

On August 8, 2024, the European Commission (EC) issued a Notice of Initiation of an Anti-Dumping Investigation into Certain Hot-Rolled Steel Products Imported into the European Union (EU) from Egypt, India, Japan and Vietnam. The anti-dumping investigation period is from April 11, 2023 to March 31, 2024. The injury investigation period is from January 1, 2021 to March 31, 2024.

Hoa Phat Group is the largest steel producer in Vietnam and Southeast Asia. From the end of 2025, the Group's steel design capacity will reach 16 million tons/year, focusing mainly on hot-rolled coil steel and high-quality steel for the mechanical engineering industry. Hoa Phat holds the No. 1 market share in the domestic market and has exported many different types of steel to 40 countries and territories.

Hoa Phat will complete blast furnace No. 6, part of phase 2 of the Hoa Phat Dung Quat 2 Iron and Steel Complex project, in September 2025. After completion, the Group's total steel output will reach a total of 16 million tons/year, including 9 million tons of hot-rolled coil steel, meeting 100% of the demand for this product in the Vietnamese market.

HPG News

Source: https://www.hoaphat.com.vn/tin-tuc/thep-cuon-can-nong-hrc-cua-hoa-phat-chinh-thuc-khong-bi-eu-ap-thue-chong-ban-pha-gia.html