Canada imposes provisional safeguard measures on certain steel imports

Friday, 12 October 2018 10:25:01 (GMT+3)   |   Istanbul
       

On October 11, Canada has announced provisional safeguard measures on seven steel products, heavy plate, concrete reinforcing bar, energy tubular products, hot-rolled sheet, pre-painted steel, stainless steel wire and wire rod.

Beginning from October 25, 2018, imports of these seven steel products will be subject to a 25 percent duty, in cases where the level of imports from trading partners exceeds historical norms. The provisional measures will be in place for a period of 200 days.

New measures will apply to the countries such as China and Turkey, but steel imports from the US will be exempt since they are already subject to retaliatory measures. In case of Mexico, measures only apply to imports of energy tubular products and wire rod, while Chile, Israel and some developing countries including Ukraine are exempt.


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