HCMC – Vietnamese oil country tubular goods (OCTG) exports to Canada will face a 37.4% anti-dumping duty, according to the Trade Remedies Authority of Vietnam (TRAV).
The Canada Border Services Agency (CBSA) has released its final ruling on the review of normal value and export prices for OCTG imports from multiple markets, including Vietnam.
During this review, exporters and manufacturers from Taiwan, India, South Korea, and Thailand fully complied with CBSA’s requirements and were assigned separate tax rates for shipments to Canada, with effect from January 31, 2025.
However, certain Vietnamese companies neither participated nor provided complete information, leading to the imposition of the 37.4% anti-dumping duty.
TRAV has advised local enterprises to gather detailed case information and contact the authority for timely support.
According to Vietnam Customs, Vietnam’s OCTG exports totaled around US$10 million in 2023 and US$9 million in 2024.
In a related development, the TRAV, an agency under the Ministry of Industry and Trade, announced on February 6 that Thailand has initiated a final review of the anti-dumping duty imposed on cold-rolled carbon steel originating from or imported from Vietnam, China, and Taiwan, according to the Vietnam News Agency.