10 Apr 2025
⚒️Preliminary Determination on Corrosion-Resistant Steel Imports from Canada
Certain Corrosion-Resistant Steel Products From Canada: Preliminary Affirmative Determination of Sales at Less Than Fair Value, Postponement of Final Determination, and Extension of Provisional Measures
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that certain corrosion-resistant steel products (CORE) from Canada are being, or are likely to be, sold in the United States at less than fair value (LTFV). The period of investigation (POI) is July 1, 2023, through June 30, 2024. Interested parties are invited to comment on this preliminary determination.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The preliminary determination of sales at less than fair value (LTFV) for corrosion-resistant steel products from Canada indicates potential tariffs or duties. Businesses involved in importing these products should prepare for compliance with new financial obligations, as liquidation of these imports will be suspended and cash deposits required.