Canada Imposes Anti-Dumping Duties on Steel Imports from China, Egypt, and Vietnam
The Canadian International Trade Tribunal finds foreign wire rod imports are harming domestic industry, prompting continued duties.
- Ivaco Rolling Mills, a major Canadian steel producer, supports the decision to maintain duties on certain wire rod imports.
- The Canadian International Trade Tribunal concluded that imports from China, Egypt, and Vietnam have injured the domestic steel industry.
- Duties were initially imposed by the Canada Border Services Agency in September 2024 and will remain in place following the Tribunal's findings.
- The decision aligns with Canada's policy to reduce carbon-intensive imports and protect local industries from unfair trade practices.
- Ivaco Rolling Mills emphasizes the need for ongoing vigilance to safeguard Canadian steel producers and jobs from unfairly traded imports.