The Canada Border Services Agency has announced that it is extending its re-investigation to update the normal values and export prices of certain rebar imported from Turkey. The decision was made due to the complexity and novelty of the issues presented by the re-investigation. However, the agency has not reported the new conclusion date. The CBSA has advised importers and exporters to monitor its website for updates and consult with their legal counsel if necessary.
Previously, the re-investigation was supposed to be concluded by April 4, 2023.
However, due to the extended timeline, importers and exporters of rebar from Turkey may face continued uncertainty over the pricing and availability of these products.
The rebar in question is subject to anti-dumping and countervailing duties, which were first imposed in 2019. The CBSA initiated this re-investigation in response to an expiry review, which was launched in April 2021. The Canadian International Trade Tribunal will conduct a review of the duties in May 2023. The CITT will determine if the expiry of the duties is likely to result in injury to the domestic industry.
Source: SteelGuru
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