Question Period Note: Trade Remedy Investigations - U.S. (corrosion-resistant steel)

U.S. anti-dumping and countervailing duty investigations into corrosion-resistant steel (CORE) imports from Canada.

We are disappointed with the U.S. Department of Commerce's affirmative preliminary finding of subsidization against corrosion-resistant steel imported from Canada.

» American and Canadian consumers depend on safe, secure and fairly traded corrosion resistant steel produced in both countries.

» American and Canadian consumers depend on safe, secure and fairly traded corrosion resistant steel produced in both countries.

» We are working closely with the Canadian industry and will continue to defend the interests of the Canadian steel industry and its workers.

Corrosion-resistant steel (CORE) is a value-added product used in the manufacture of automobiles, trucks, appliances, and industrial/agricultural equipment. According to the U.S. Department of Commerce (Commerce), in 2023 the U.S. imported nearly $1.7 billion of CORE from Canada, accounting for 31.7% of U.S. imports.

Petition: On September 5, 2024, four steel producing companies and United Steel Workers union filed petitions, alleging that imports of CORE were being dumped from Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Türkiye, the UAE, and Vietnam, and that imports of CORE from Brazil, Canada, Mexico and Vietnam were subsidized. Only two steel producers (Steel Dynamics Inc. and Nucor) supported the petition implicating Canada in the allegations.

Timelines:
September 25, 2024: Commerce initiated the investigations.
February 4, 2025: Commerce made a preliminary determination of subsidization and imposed provisional countervailing (CVD) duties on imports, applying provisional duties (see table below).
April 3, 2025: Commerce made a preliminary determination of dumping, applying provisional duties. The duties are cumulative.
August 25, 2025: Commerce is expected to make its final determinations on dumping and countervail (subsidization).
October 9, 2025: The U.S. International Trade Commission is expected to make its final determination of injury. An affirmative finding on injury is required in order for duty measures to remain in place.

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