U.S. issues dumping & subsidizing determinations on corrosion-resistant steel products from Canada.

The U.S. Department of Commerce announced its final affirmative determinations in the antidumping duty and countervailing duty investigations of corrosion-resistant steel products from Canada, as well as on products from Australia, Brazil, Mexico, the Netherlands, South Africa, Taiwan, Türkiye, the United Arab Emirates, and Vietnam

The final rates of dumping on Canadian products generally range from 5.59% to 8.13% and the final rates of countervailing from 1.14% to 1.50%.

The International Trade Commission (ITC), a separate agency, will next make a final determination of injury to the domestic steel industry. If the ITC makes an affirmative, trading partner-specific injury determination, Commerce will issue antidumping and countervailing duty orders.

Canada exported 930,342,786 kilograms of corrosion-resistant steel products to the U.S. in 2023 with a total value of US$ 1,251,476,560

Link: International Trade Administration