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On September 4, 2024, the Canada Border Services Agency (CBSA) issued its end-of-term conclusion on the anti-dumping investigation into wire rod products from China, Egypt, and Vietnam.
The CBSA initiated the investigation on March 8, 2024, regarding the application of anti-dumping measures on wire rod products originating from China, Egypt, and Vietnam.
The investigated products are wire rods (HS codes: 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).
On June 6, 2024, CBSA issued its preliminary conclusion, applying provisional anti-dumping duties on wire rod imports from China, Egypt, and Vietnam. Vietnamese enterprises were subject to the lowest provisional duties (ranging from 6.1% to 38.9%) compared to Chinese enterprises (50.9% to 71.1%) and Egyptian enterprises (49.7% to 99.8%) under investigation.
As planned, CBSA issued its end-of-term conclusion on September 4, 2024. The dumping margins for enterprises were determined as follows:
| Exporter | Dumping Margin (% of export price) |
| China | |
| Jiangsu Shagang International Trade Co., Ltd. | 34% |
| Other exporters | 46.2% |
| Egypt | |
| Suez Steel Co., Ltd. | 8.6% |
| Other exporters | 21.3% |
| Vietnam | |
| Hoa Phat Dung Quat Steel Joint Stock Company | 17.7% |
| Hoa Phat Hai Duong Steel Joint Stock Company | 13.5% |
Currently, the Canadian International Trade Tribunal (CITT) is determining the damage to domestic production and is expected to release its conclusion by October 4, 2024.
To ensure their interests are protected, stakeholders should contact experienced Vietnamese law firms specializing in anti-dumping and trade remedy measures for timely assistance.
ASL Law is a leading full-service and independent Vietnamese law firm made up of experienced and talented lawyers. ASL Law is ranked as the top tier Law Firm in Vietnam by Legal500, Asia Law, WTR, and Asia Business Law Journal. Based in both Hanoi and Ho Chi Minh City in Vietnam, the firm’s main purpose is to provide the most practical, efficient and lawful advice to its domestic and international clients. If we can be of assistance, please email to [email protected].
ASL LAW is the top-tier Vietnam law firm for Anti-dumping & countervailing. If you need any advice, please contact us for further information or collaboration.
