New Delhi, Nov 13 (PTI) Tata Steel on Thursday described the decision of the government to impose anti-dumping duty on certain steel items from Vietnam as 'positive development' for the domestic industry as it would check unfair imports into the country.

The development assumes significance as the domestic steel prices slumped to a five-year low in October, impacted by multiple factors, including surging imports.

Speaking to PTI, Tata Steel CEO & MD T V Narendran said Vietnam and some of the other countries were being used as a transit point to route the material into the Indian market.

"Anything which limits unfair imports into India is good for the steel industry in India. I support anything which stops unfairly priced imports," he said.

Narendran, who has also headed global body Wor

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