Dumping Finding: Wire Rod from China, Egypt, Vietnam

Summary#

On June 6, 2024, the Canada Border Services Agency (CBSA) made a preliminary finding that certain hot‑rolled wire rod from China, Egypt and Vietnam is being dumped into Canada. The finding means provisional duties can be charged while the Canadian International Trade Tribunal (CITT) does a full inquiry into whether Canadian producers have been harmed.

What it does#

• Declares a preliminary determination of dumping for hot‑rolled wire rod (coiled, circular or near‑circular cross‑section, up to 25.5 mm in diameter) originating in China, Egypt and Vietnam.
• Orders that provisional duties are payable on subject goods released from CBSA during the period starting June 6, 2024 and ending on the earlier of:
  • the day the investigation is terminated;
  • the day the CITT issues an order or finding (see next bullet); or
  • the day an undertaking is accepted.
• Says the provisional duty charged will not exceed the estimated dumping margin. The Customs Act rules govern payment and interest for late payment.
• Notes the CITT will conduct a full inquiry into injury and must issue an order or a finding no later than 120 days after receiving notice of the CBSA preliminary determination.
• Promises a public Statement of Reasons within 15 days after the decision; that statement will be posted on the CBSA website.
• Excludes certain specific types of wire rod from the measure (for example: tire‑cord quality, stainless, tool steel, high‑nickel, ball‑bearing steel, and rebar).

Who's affected#

• Importers who bring the identified wire rod into Canada from China, Egypt and Vietnam — they may have to pay provisional duties on goods released from CBSA.
• Canadian producers of the same kinds of wire rod and related downstream manufacturers — they are the parties the inquiry is meant to protect if dumping has injured the domestic industry.
• Exporters and foreign manufacturers of the subject wire rod from the three named countries.
• Other businesses that rely on imported wire rod could feel effects if supply costs or availability change.

Why it matters#

• Provisional duties raise the immediate cost of importing the targeted wire rod. That can increase prices for importers and for Canadian businesses that use that steel.
• The CITT inquiry will decide whether dumped imports have harmed Canadian producers. If the CITT confirms injury, longer‑term duties or remedies could follow.
• The measure aims to level the playing field for Canadian steelmakers, but it can also affect supply chains and costs for manufacturers that use wire rod.