On October 16, 2020, the Canada Border Services Agency (CBSA) made its final determination on the Anti Dumping and Countervailing Investigation of Certain corrosion-resistant steel sheet originating or exported from Turkey, the United Arab Emirates, and Vietnam.

Accordingly, CBSA terminated the dumping investigation with respect to certain corrosion-resistant steel sheet originating in or exported from Turkey by Borçelik Sanayi Ticaret A.Ş, and originating in or exported from the United Arab Emirates by Al Ghurair Iron & Steel LLC (AGIS), as they did not have margins of dumping.

The CBSA also terminated the subsidy investigation with respect to certain corrosion-resistant steel sheet originating in or exported from Turkey by Atakaş Çelik Sanayi ve Ticaret A.Ş, Borçelik, and Tatmetal Çelik Sanayi Ve Ticaret A.Ş., and originating in or exported from the United Arab Emirates and Vietnam by all exporters, as there was no subsidizing or the amounts of subsidy were insignificant.

Refer to the following table for Margins of dumping and amounts of subsidy by exporter:

Exporter Margins of dumping (expressed as a percentage of export price) Amount of subsidy (expressed as a percentage of export price) Amounts of subsidy per metric tonne
Turkey
Atakaş Çelik Sanayi ve Ticaret A.Ş 26.1% 0.4% 25.06 Turkish Lira
Borçelik Çelik Sanayi Ticaret A.Ş 0.0% 0.6% 32.34 Turkish Lira
Tatmetal Celik Sanayi Ve Ticaret A.Ş. 3.7% 0.5% 20.17 Turkish Lira
All other exporters 26.1% 3.6% 200.46 Turkish Lira
United Arab Emirates
Al Ghurair Iron & Steel LLC 0.0% 0.0%
United Iron and Steel Company LLC 11.2% 0.0%
All other exporters 41.5% 0.0%
Vietnam
China Steel and Nippon Steel Vietnam Joint Stock Company 4.7% 0.0% 15.62 VND
Hoa Sen Group Joint Stock Company 11.0% 0.0% 78.01 VND
Nam Kim Steel Joint Stock Company 2.3% 0.0% 716.10 VND
Southern Steel Sheet Co., Ltd. 71.1% 0.1% 18,528.60 VND
Ton Dong A Corporation 16.2% 0.0% 8,078.07 VND
All other exporters 71.1% 0.2% 30,409.18 VND

 

According to the table above, Turkey is a country that borne the lowest margins, followed by the UAE and finally Vietnam. With the results of this investigation, the imposition of taxes on countries is inevitable.

However, the margins reported in the table above are determined by the CBSA for purposes of the final conclusion and do not reflect the Anti Dumping or countervailing duty to be levied on future importations of dumped or subsidized goods. The tax rate and how it is imposed will have to be based on the final decision of CBSA.

As for the normal procedures, CBSA had the final conclusion in September. Nevertheless, in order to alleviate pressures brought on by the COVID-19 pandemic to interested parties, the legislated deadlines for the final decisions with regard to corrosion-resistant steel sheet were extended. The Canadian Court of International Trade is continuing to investigate the suspicion of harming the domestic manufacturing industry and will reach its conclusion by November 16, 2020.

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