Canada imposes preliminary anti-dumping duties on Vietnamese steel wire
The Canada Border Services Agency (CBSA) on June 6 issued preliminary conclusions on the investigation of applying anti-dumping measures on steel wire rod originating or exported from China, Egypt and Vietnam.
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| Canada imposes preliminary anti-dumping duties on Vietnamese steel wire. (Photo: VOV) |
Accordingly, the temporary anti-dumping tax rates for Vietnamese enterprises stays at the lowest levels, ranging from 6.1% to 38.9% compared to 50.9% - 71.1% for Chinese enterprises and 49.7% - 99.8% for Egyptian enterprises.
CBSA will issue statements of reasons within 15 days and publish them on the agency’s website at www.cbsa-asfc.gc.ca/sima.
Currently, the Canadian agency is continuing investigations and is expected to issue a final determination on September 4, 2024.
On March 8, 2024, the Canada Border Services Agency initiated an investigation to apply anti-dumping measures on steel wire rod originating or exported from China, Egypt and Vietnam.
The projects are certain hot‐rolled wire rod of carbon steel and alloy steel of circular or approximately circular cross section, in coils, equal to or less than 25.5 mm in actual solid cross‐sectional diameter.
The investigation follows a complaint filed by Ivaco Rolling Mills 2004 LP.
(Source: VOV)
