U.S. slaps heavy duties on Chinese steel from Vietnam

WASHINGTON (Reuters) - The U.S. Commerce Department on Monday slapped steep import duties on steel products from Vietnam that originated in China after a final finding they evaded U.S. anti-dumping and anti-subsidy orders.

U.S. customs authorities will collect anti-dumping duties of 199.76 percent and countervailing duties of 256.44 percent on imports of cold-rolled steel produced in Vietnam using Chinese-origin substrate, the Commerce Department said in a statement.

(Reporting by Eric Beech; Writing by Eric Walsh; Editing by Leslie Adler)