CBSA anti-dumping review: tubular goods, steel plate

Summary#

On August 7, 2020, the Canada Border Services Agency (CBSA) kept its final anti-dumping findings for certain oil country tubular goods and hot‑rolled steel plate from South Korea and Turkey, but removed two named exporters from the investigations. The Canadian International Trade Tribunal (CITT) will decide whether those imports hurt Canadian industry by September 23, 2020 (oil country tubular goods) and October 14, 2020 (hot‑rolled steel plate).

What it does#

• Continues the CBSA’s final determination of dumping under the Special Import Measures Act (SIMA) for:
  • certain oil country tubular goods from South Korea and Turkey, with the investigation terminated for Hyundai Steel Company (formerly Hyundai Hysco Co. Ltd.) and for Borusan Mannesmann Boru Sanayi ve Ticaret A.Ş. (Borusan) (Turkey).
  • certain hot‑rolled steel plate from South Korea, with the investigation terminated for Hyundai Steel Company.
• Signals that the Canadian International Trade Tribunal (CITT) is still reviewing whether those imports injure the domestic industry and will issue decisions by September 23, 2020 (oil country tubular goods) and October 14, 2020 (hot‑rolled steel plate).
• Explains the possible outcomes:
  • If the CITT upholds its earlier finding of threat of injury, imports (other than the goods from the two terminated exporters) will remain subject to anti‑dumping duties.
  • If the CITT rescinds its finding in whole or in part, those imports would no longer be subject to anti‑dumping duties.
• Notes that the Customs Act will apply to how anti‑dumping duties are accounted for and paid.
• Says a Statement of Reasons will be issued within 15 days and will be available on the CBSA website or by contacting the SIMA Registry and Disclosure Unit.

Who's affected#

• Importers and customs brokers handling:
  • certain oil country tubular goods from South Korea and Turkey, and
  • certain hot‑rolled steel plate from South Korea.
• The named exporters: Hyundai Steel Company and Borusan (they were removed from the investigations).
• Canadian companies that make or use these steel products may see costs or supplies change depending on the CITT’s upcoming decisions.
• If unclear: the notice does not list every company or shipment affected, so other importers and exporters of the same goods could also be impacted.

Why it matters#

• Whether anti‑dumping duties apply affects the price of imported steel products. That can change costs for manufacturers, construction projects, and energy companies that use these materials.
• The removal of Hyundai Steel Company and Borusan from the investigations means those companies’ exports are not currently covered by the CBSA’s dumping finding.
• The CITT’s decisions by September 23, 2020 and October 14, 2020 will determine whether duties continue. Businesses that import or buy these steel products may want to watch those dates and the CBSA website for the Statement of Reasons.