Canada issues final antidumping duty ruling on OCTG imports from Vietnam
VOV.VN - The Canada Border Services Agency (CBSA) has issued a final ruling on its review of the normal value and export price for oil country tubular goods (OCTG) from several countries, including Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).
Some Vietnamese enterprises have failed to provide sufficient information and documentation as requested by Canada, resulting in an anti-dumping duty of 37.4%.
During this review, manufacturers from Taiwan (China), India, the Republic of Korea, and Thailand who submitted complete information to the Canada Border Services Agency (CBSA) will be subject to separate tax rates for future shipments imported into Canada, effective January 31, 2025.
The Trade Remedies Authority of Vietnam (TRAV) has recommended that local enterprises gather detailed information about the case and contact the authority for timely support.
According to statistics from the General Department of Vietnam Customs, Vietnam’s OCTG export turnover reached approximately US$10 million in 2023 and more than US$9 million last year.
