Canada imposes preliminary AD tariffs on wire rod imports from Egypt

The Canada Border Services Agency (CBSA) has announced the preliminary determination of its antidumping duty investigation against wire rod imports from Egypt, China, and Vietnam. Focusing on Egypt, the Canadian regulator imposed a preliminary antidumping tariff of 49.7% on Suez Steel and 99.8% on all other Egyptian wire rod producers. For comparison, the preliminary dumping margins are 50.9% for China's Jiangsu Shagang and 71.1% for all other Chinese exporters. In Vietnam, wire rod imports from Hoa Phat Hai Duong Steel and Hoa Phat Dung Quat Steel will be subject to tariffs of 6.1% and 18.3%, respectively, with a 38.9% tariff on all other Vietnamese wire rod exporters. The products subject to the preliminary duty currently fall under the following Customs Tariff Statistics Position Numbers: 7213.91.00.42, 7213.91.00.43, 7213.91.00.49, 7213.91.00.50, 7213.91.00.60, 7213.91.00.70, 7213.99.00.11, 7213.99.00.12, 7213.99.00.31, 7213.99.00.32, 7213.99.00.51, 7213.99.00.52, 7227.20.00.20, 7227.20.00.90, 7227.90.00.60, 7227.90.00.70, 7227.90.00.81, 7227.90.00.82, and 7227.90.00.83.