May 2, 2019

Canada enacts final safeguards on two out of seven kinds of foreign steel

The Government of Canada announced that it will enact final safeguards on imports of heavy plate and stainless steel wire, two of the seven categories of steel which were originally targeted by provisional safeguards.

In response to the Canadian International Trade Tribunal findings, the provisional safeguards on imports of concrete reinforcing bar, energy tubular products, hot-rolled sheet, pre-painted steel, and wire rod ceased to apply beginning April 28, 2019. The Government intends to refund any provisional safeguard surtaxes paid by importers of those products.

The Government also announced an intensive 30-day consultation with the steel industry and workers, in order to determine what further protections are required.

Link: Final Safeguards to be Imposed

Link: Notice to Importers Serial No.944 Steel Goods (Item 82 on the Import Control List)