Canada lowers anti-dumping margin on Vietnamese wire rod

(Chinhphu.vn) - The Canada Border Services Agency announced a dumping margin of 5.7% for a major Vietnamese company (a significant reduction from the 13.4% margin in the preliminary conclusion), while other exporters were found to have dumping margins of 158.9%.

The dumping margin for Vietnamese cooperative enterprises is currently the lowest compared to cooperative enterprises of other countries/territories (from 9.4-58.1%).

The Trade Remedies Authority ( Ministry of Industry and Trade ) cited information from the Vietnam Trade Office in Canada saying that the Canada Border Services Agency (CBSA) has issued the final conclusion in the investigation of anti-dumping duties on carbon steel wire and steel alloys imported from China, Taiwan (China), India, Italy, Malaysia, Portugal, Spain, Thailand, Turkey and Vietnam initiated on April 22, 2025.

Accordingly, CBSA determined that there was dumping of this product from the above countries/territories. For Vietnam, CBSA announced the dumping margin for a large Vietnamese enterprise at 5.7% (significantly reduced compared to the margin in the preliminary conclusion of 13.4%); while other exporters were determined to have a dumping margin of 158.9% (based on available adverse data).

The dumping margin for Vietnamese cooperative enterprises is currently the lowest compared to cooperative enterprises of other countries/territories (from 9.4-58.1%). However, CBSA noted that this is not the official anti-dumping tax rate applied to future imported shipments, as the official tax rate will depend on the injury conclusion of the Canadian International Trade Tribunal (CITT).

The CITT will next investigate whether the dumped wire rod is causing or threatening to cause material injury to the Canadian domestic industry and will issue its findings no later than January 2, 2026.

Pending the decision, the previous provisional anti-dumping duties will continue to be maintained on imports from the countries under investigation, including Vietnam. In case the CITT concludes that there is injury, Canada will impose official anti-dumping duties on imported shipments after the date of announcement of the conclusion; conversely, if the CITT concludes that there is no injury, the case will be terminated, no anti-dumping duties will be collected and all provisional duties/security deposits paid will be refunded.

The Trade Remedies Authority recommends that relevant manufacturing/exporting enterprises closely monitor the final decision of CITT in early January 2026; continue to fully cooperate as requested by the Canadian investigation agency during the entire investigation process of the case; closely coordinate with the Trade Remedies Authority for support when necessary.

Anh Tho

Source: https://baochinhphu.vn/canada-ha-bien-do-ban-pha-gia-doi-voi-thep-day-viet-nam-102251210083147182.htm