Canada has issued a final determination on the dumping of Egyptian wire rod, according to a notice from the Canada Border Services Agency (CBSA). The CBSA also confirmed final antidumping margins on wire rod imports from China and Vietnam.
As a result, Egyptian wire rod exports, particularly from Suez Steel, will face an 8.6pct antidumping duty when entering the Canadian market. Other Egyptian wire rod exporters will be subject to a higher duty of 21.3pct.
Additionally, Chinese wire rod imports into Canada will face duties ranging from 34pct to 46.2pct, while Vietnamese imports will be subject to duties between 13.5pct and 17.7pct.
The affected products fall under specific tariff classification numbers, including 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.
The Canadian International Trade Tribunal is continuing its investigation into the potential injury to Canada’s domestic industry and is expected to issue its findings by October 4, 2024, the notice said.
