Canada imposes temporary anti-dumping duties on wire products from Việt Nam

Jun 10th at 15:31
10-06-2024 15:31:08+07:00

Canada imposes temporary anti-dumping duties on wire products from Việt Nam

The Trade Remedies Authority of Việt Nam (TRAV), under the Ministry of Industry and Trade, has been told that the Canada Border Services Agency (CBSA) has issued a preliminary conclusion on the investigation of applying anti-dumping measures for wire rod products originating or exported from China, Egypt and Việt Nam.

Illustration photo. The Canada Border Services Agency (CBSA) had issued a preliminary conclusion on the investigation of applying anti-dumping measures for wire rod products originating or exported from China, Egypt and Việt Nam. — Photo

As a result, the temporary anti-dumping duty rate for Vietnamese steel companies is now up from 6.1 per cent to 38.9 per cent, compared to Chinese enterprises, 50.9 per cent - 71.1 per cent and Egypt, 49.7 per cent - 99.8 per cent.

TRAV said that the full details that the CBSA used to make its decision, would be issued within 15 days and posted on the CBSA website, at

The Canada Border Services Agency is continuing the investigation process and is expected to issue a final conclusion on September 4 this year.

The CBSA initiated an investigation on March 8 to apply anti-dumping duties on steel wire products originating or exported from China and Egypt and Việt Nam.

Specifically, the investigation concerns wire rods with HS code: 7213.91.00.42; 7213.91.00.43; 7213.91.00.49; 7213.91.00.50; 7213.91.00.60; 7213.91.00.70; 7213.99.00.11; 7213.99.00.12; 7213.99.00.31; 7213.99.00.32; 7213.99.00.51; 7213.99.00.52; 7227.20.00.20; 7227.20.00.90; 7227.90.00.60; 7227.90.00.70; 7227.90.00.81; 7227.90.00.82; 7227.90.00.83.

The plaintiff is Ivaco Rolling Mills 2004 LP. The CBSA will issue a preliminary finding within 90 days of initiation.

In addition, the Canadian International Trade Tribunal (CITT) will decide if any damages need to be awarded due to any injury caused to Canada's domestic industry. The conclusion for that is expected within 60 days from the initiation date. In case CITT concludes there is no damage, the case will be terminated.

Based on the Canadian trade investigation, TRAV recommends that businesses register as related parties to receive the investigation questionnaire and information from the Canadian investigation agencies; read the instructions carefully, answer fully and provide information within the prescribed time limit; co-ordinate closely with the TRAV to receive timely support.

Statistics from Trademap show that Việt Nam's export turnover of steel wire products to Canada has increased rapidly in recent years.

Việt Nam exported around US$10 million of steel wire to Canada in 2020. The export turnover of this product more than doubled to $21 million in 2021 and reached about $40 million in 2022. 



​6 Chinese auto models to enter Vietnam this week

The Vietnamese market will welcome six new car models from China’s Omoda, Jaecoo, BYD, and Lynk & Co automobile brands this week.

Vietcombank opens four more gold stores as gold price decreases

Vietcombank has opened four additional stores to sell gold, bringing the total number of stores operated under the commercial bank to ten, five in Hà Nội and five...

​Prices of Mitsubishi Xforce reduced by nearly $1,180 in Vietnam

Several dealerships in Vietnam have lowered the prices of the Mitsubishi Xforce, a subcompact crossover SUV manufactured by Japanese automaker Mitsubishi Motors, by...

Decision on keeping petroleum price stabilisation fund to be made in June

The Ministry of Industry and Trade (MoIT) will send a proposal to the government on whether it is necessary to maintain the petroleum price stabilisation fund in...

SBV affirms capacity to stabilise gold market

The State Bank of Vietnam (SBV) said that it is working closely with law enforcement authorities to investigate and take strict actions against speculative and...

Workshop highlights Việt Nam's potential for developing circular economy from rice by-products

How to take advantage of by products left over from rice harvests, were the subject of a special workshop on developing a circular rice production and processing...

Vietnamese Gov’t warns against goldization

In the first quarter, Vietnam saw a 12% increase in demand for gold investments and a 6% rise in consumer demand compared to the same period in 2023.

Deputy PM askes favourable condition for direct power purchase

Deputy Prime Minister Trần Hồng Hà asked the effort to create favourable condition for the implementation of direct power purchase and ensuring the power system...

IRRI interested in Việt Nam's 1-million-ha high-quality rice project

The International Rice Research Institute (IRRI) is interested in a project to develop one million hectares of high-quality, low-emission rice associated with green...

Cement groups lament persistent financial troubles

The Vietnam Cement Association has called for foreign investment to be discouraged for new projects, as many cement producers are reporting losses and even face the...

Commodity prices


Back To Top