On November 8, 2019, the Canada Border Services Agency (CBSA) initiated invatigation under the Special Import Measures Act respecting the alleged injurious dumping and subsidizing of certain corrosion-resistant steel sheet from Turkey, the United Arab Emirates and Vietnam. The investigations follow a complaint filed by ArcelorMittal Dofasco G.P.
The subject goods are usually imported under the following tariff classification numbers:
In the end of 2018, Canada imposed Anti Dumping duty on CORE Steel import from China, Chinese Taipei, India and South Korea with the range of duty from 2.5% to 44.2%. Since that time, Vietnam has enjoyed this market quite a lot when its competitors are subject to taxes. Because of this reason, from the end of 2018 until now, the output of this item imported into Canada from other markets has increased sharply. And this is the reason why Canada initiated an investigation into Vietnamese, UAE and Turkish goods.
Additional information about the investigations will be available in a Statement of Reasons that will be available within 15 days.
The investigation is expected to last from 9 months to 1 year, but maybe after 3-4 months of investigation, Canada will apply anti-dumping duty temporarily for the above HS codes.
During the period from now until the first quarter of 2020, manufacturers and exporters from Vietnam to the Canadian market should be careful to avoid cases of taxation during the shipment.
To know more about Trade Defense or Technical Barrier, please feel free to contact us at:
Ms Lan – Juridical Manager of MRS Steel
Phone / Whatssap: +84 962 343 746