Wire Rod Dumping Determination

Summary#

On September 4, 2024, the Canada Border Services Agency (CBSA) made a final finding that certain wire rod imports from China, Egypt and Vietnam were dumped under the Special Import Measures Act. Provisional duties already being charged will remain while the Canadian International Trade Tribunal (CITT) finishes an inquiry and decides by October 4, 2024.

What it does#

• Declares a final determination of dumping for wire rod from China, Egypt and Vietnam (decision date: September 4, 2024).
• Lists specific tariff classification numbers for the goods (examples include 7213.91.00.42 and 7227.90.00.83); the notice says those codes cover both subject and non-subject goods.
• Keeps provisional duties in place on the subject goods until the CITT issues its injury decision by October 4, 2024.
• If the CITT finds dumping has caused (or is threatening to cause) injury, anti-dumping duties will be applied to future imports and the importer in Canada would be required to pay them.
• The CBSA will publish a Statement of Reasons within 15 days after the decision; it will be posted on the CBSA website.

Who's affected#

• Importers and brokers that bring wire rod from China, Egypt or Vietnam into Canada.
• The Canadian wire rod and steel industry, which is the subject of the CITT injury inquiry.
• Companies that buy or use wire rod in manufacturing and construction may notice changes if duties affect prices or supply.

Why it matters#

• Importers could face extra costs if the CITT confirms injury and anti-dumping duties are imposed.
• The measure is intended to protect Canadian producers from goods sold below fair value.
• Depending on the final CITT decision, downstream industries and prices for products that use wire rod could be affected.