According to the Trade Remedies Department, CBSA has investigated and imposed anti-dumping tax on OCTG imported from Vietnam and some countries since 2014, with the tax rate applied to Vietnam is 37.4%. The purpose of the current review case is to re-determine the normal value and export price as the basis for redefining the dumping margin.
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Information about the case, the Trade Remedies Department said, the alleged product is a steel pipe leading to oil; HS code: 7304.29.00; 7306.29.00; investigation period from January 1, 2021 to December 31, 2021.
In addition, according to preliminary data from the International Trade Center (ITC) (http://trademap.org), during the investigation period, Vietnam exported about 13 million USD of investigated products to Canada.
In response to the incident, the Trade Remedies Administration recommends, the Association and related manufacturing/exporting enterprises: Actively review OCTG export activities to Canada; Researching and understanding Canada's regulations and procedures for re-investigation; Actively cooperate with the Canadian investigative agency throughout the course of the incident (providing complete and timely information and allowing the investigating agency to verify information...); Regularly coordinate and exchange information with the Trade Remedies Department to receive timely support.
Hoa Quynh