On 30 December 2025, the Canada Border Services Agency (CBSA) issued its Statement of Reasons in relation to the final determination in the anti-dumping and countervailing investigations concerning imported steel strapping from several countries, in which Vietnam was investigated solely for anti-dumping.
When initiating the anti-dumping investigation against Vietnam, based on the complainants’ allegations that the Government of Vietnam might indirectly influence pricing in the flat-rolled steel industry, the CBSA concurrently initiated an export monopoly investigation under Section 20 of the Special Import Measures Act (SIMA) with respect to the flat-rolled steel industry, including steel strapping products.
During the course of the investigation, the CBSA sent Requests for Information (RFIs) to the Government of Vietnam and the relevant Vietnamese producers and exporters of steel strapping; conducted on-site verifications to verify the information provided by the Vietnamese side; and collected additional data and supporting documents as necessary.
Based on the information and evidence gathered regarding the legal framework, government policy instruments, and the extent of state ownership in flat-rolled steel producers in Vietnam, the CBSA found that there was no basis to support the allegation that the Government of Vietnam exercised a significant degree of influence over domestic prices in this industry.
In addition, the CBSA’s price analyses showed that prices of hot-rolled steel, cold-rolled steel (full-hard coil), cold-rolled coil, and steel strapping did not differ significantly from prices formed under competitive market conditions.
On the basis of the above analyses, the CBSA concluded that the Government of Vietnam does not significantly influence prices in the flat-rolled steel industry and that price levels in Vietnam are essentially comparable to those in a competitive market. Accordingly, the CBSA determined that the conditions for an export monopoly under Section 20 of SIMA did not exist in Vietnam’s flat-rolled steel industry during the period of investigation and decided to use the data provided by Vietnamese enterprises to calculate dumping margins.
Previously, on 15 December 2025, the CBSA issued its final determination in the case. For the sole Vietnamese enterprise exporting the product to Canada that fully participated in the investigation, the CBSA found no dumping and therefore imposed no anti-dumping duties. For other Vietnamese enterprises that did not participate or did not provide sufficient information, an anti-dumping duty of 25.3% was applied on the basis of facts available.
By contrast, the CBSA concluded that steel strapping from exporters in other countries continued to be dumped, with anti-dumping duties of up to 47.9%, and further determined that goods originating in China were subsidized, with a countervailing duty of CNY 0.44/kg. The case is currently under review by the Canadian International Trade Tribunal (CITT) with respect to injury to the domestic industry, and the final decision is expected to be issued before 14 January 2026.
To protect their legitimate interests, manufacturers and exporters should familiarize themselves with the procedure and actively contact Vietnam Antidumping Law Firm specializing in anti-dumping and trade remedy for timely assistance.
Relevant documents are attached for reference here.
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