🛡️Preliminary Countervailing Duty Determination on Canadian Steel
Certain Corrosion-Resistant Steel Products From Canada: Preliminary Affirmative Countervailing Duty Determination and Alignment of Final Determination With Final Antidumping Duty Determination
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that countervailable subsidies are being provided to producers and exporters of certain corrosion-resistant steel products (CORE) from Canada. The period of investigation is January 1, 2023, through December 31, 2023. Interested parties are invited to comment on this preliminary determination.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The content involves a preliminary determination of countervailable subsidies for certain corrosion-resistant steel products imported from Canada, leading to potential financial duties affecting U.S. businesses in the steel industry. Companies involved will need to assess compliance with the new subsidy rates and plan for cash deposits for imports, impacting financial operations.