Canada imposes final safeguards on heavy plate and stainless steel wire

Tuesday, 14 May 2019 12:32:53 (GMT+3)   |   Istanbul
       

The Canada Border Services Agency has announced final safeguard measures on imports of certain heavy plate and stainless steel wire, effective May 13, replacing the provisional measures launched on October 25, 2018.

In early April, the Canadian International Trade Tribunal (CITT) recommended final safeguard duties for only heavy plate and stainless steel wire. For the remaining five products, i.e., concrete reinforcing bar, energy tubular products, hot rolled sheet, pre-painted steel and wire rod, the CITT either found no increase in imports or found that imports have not harmed the Canadian steel industry.

The measures exclude goods originating in Chile, Columbia, Mexico, Panama, Peru, South Korea, the US or Israel or another CIFTA beneficiary; and goods originating in a World Trade Organization member country that is a beneficiary of the General Preferential Tariff, as long as the share of imports from such a country does not exceed three percent of total imports of each good, provided that imports from countries accounting for less than three percent of import share do not collectively account for more than nine percent of total imports of each good.

Products subject to the final safeguard measures currently fall under the Customs Tariff Statistics Position Numbers 7208.51.00.10, 7208.51.00.93, 7208.51.00.94, 7208.51.00.95, 7208.52.00.10, 7208.52.00.93, 7208.52.00.96, 7223.00.00.10 and 7223.00.00.20.

Product

May 13, 2019 - May 12, 2020

May 13, 2020 - May 12, 2021

May 13, 2021 - October 24, 2021

Duty rate (%)

Quota (mt)

Duty rate (%)

Quota (mt)

Duty rate (%)

Quota (mt)

Heavy plate

20

100,000

15

110,000

10

54,699

Stainless steel wire

25

2,800

15

3,080

5

1,532

 


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