The Canada Border Services Agency (CBSA) announced that initiated an investigation to determine whether certain carbon and alloy steel wire originating in or exported from China, the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu, India, Italy, Malaysia, Portugal, Spain, Thailand, Türkiye, and Vietnam is being sold at unfair prices in Canada.
The CBSA is investigating following a complaint filed by Canadian manufacturers. The complainants allege that as a result of an increase in the volume of the dumped imports, they have suffered material injury in the form of price undercutting, price depression, lost sales, lost market share, reduced net income and profitability, reduction in capacity utilization, inability to raise capital for investments, and reduced employment.
In the next step of the investigation the Canadian International Trade Tribunal (CITT) will determine, by June 20, 2025, whether the imports are harming Canadian producers.
Concurrently, the CBSA will investigate whether the imports are being sold in Canada at unfair prices, and will make a preliminary decision by July 21, 2025.
Anti-dumping duties could eventually be applied to the goods under investigation.
Links:
- Notice of initiation of investigation
- Preliminary injury inquiry PI-2025-001