Canada reduces dumping margin for Vietnamese steel wire
VOV.VN - The Canada Border Services Agency (CBSA) has lowered the dumping margin for a leading Vietnamese steel wire producer to 5.7%, down sharply from the preliminary rate of 13.4%, according to the Trade Remedies Authority of Vietnam (TRAV).
The adjustment was announced as the CBSA concluded its anti-dumping investigation into certain carbon and alloy steel wire originating from China, Taiwan (China), India, Italy, Malaysia, Portugal, Spain, Thailand, Turkey, and Vietnam. The probe was initially launched on April 22, 2025.
In its decision, the CBSA confirmed that dumping occurred across all investigated countries. For Vietnam, the agency set a dumping margin of 5.7% for one major cooperating producer, a sharp decrease from the 13.4% margin in the preliminary phase. Other exporters, however, received a dumping margin of 158.9%.
The cooperating Vietnamese producer now holds the lowest dumping margin among all cooperating exporters from the affected countries, whose rates range from 9.4% to 58.1%.
However, the CBSA stressed that these figures are not yet the official anti-dumping duty rates, as the final tariffs will depend on whether the Canadian International Trade Tribunal (CITT) concludes that the dumped imports caused material injury to Canada’s domestic industry.
The CITT is continuing its injury assessment and is expected to issue its final determination by January 2, 2026. Until then, the provisional anti-dumping duties remain in effect for all subject imports, including those from Vietnam.
If the CITT rules that injury exists, Canada will impose definitive anti-dumping duties on imports made after its final decision. If no injury is found, the investigation will be terminated, no duties will be applied, and all provisional duties or security deposits will be refunded.
The TRAV advised relevant manufacturers and exporters to closely follow the CITT’s final decision expected in early January 2026, continue fully cooperating with Canadian investigators throughout the process, and coordinate with the authority for support when needed.
EU imposes anti-dumping duties on hot-rolled steel from Vietnam
The European Commission has imposed anti-dumping duties of 12.1% on hot-rolled steel imports from Vietnam, according to the Ministry of Industry and Trade.
