Canada issues preliminary duty rates for CR steel from China, S. Korea and Vietnam

Friday, 31 August 2018 11:49:47 (GMT+3)   |   Istanbul
       

The Canada Border Services Agency (CBSA) has announced its preliminary decisions in its antidumping (AD) duty and countervailing duty (CVD) investigations on certain cold rolled (CR) steel in coils or cut lengths from China, South Korea and Vietnam.

Accordingly, the CBSA has calculated preliminary dumping margins of 91.9 percent for China, 53 percent for South Korea and 99.2 percent for Vietnam, while the preliminary subsidy rates stand at 11.6 percent for China, 11.3 percent for South Korea and 6.5 percent for Vietnam. The total provisional duties payable are 103.5 percent for all exporters from China, 64.3 percent for all exporters from South Korea and 105.7 percent for all exporters from Vietnam.

The investigation was launched on May 25 this year, upon the complaint filed by Canada-based steel producer ArcelorMittal Dofasco G.P, a subsidiary of global steel giant ArcelorMittal.

The products in question currently fall under Customs Tariff Statistics Position Numbers 7209.15.00.00, 7209.16.00.00, 7209.17.00.00, 7209.18.00.00, 7209.25.00.00, 7209.26.00.00, 7209.27.00.00, 7209.28.00.00, 7209.90.00.00, 7211.23.00.00, 7211.29.00.00, 7211.90.00.00 and 7225.50.00.00.


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