Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Canada has revised its dumping duties on oil country tubular goods (OCTGs) and seamless casings for some exporters after reinvestigating the Asian companies producing these goods.


The country opened a new investigation to determine fair value and imports of OCTGs and seamless casings from China, Taiwan, Chinese Taipei, India, Indonesia, the Philippines, South Korea, Thailand, Turkey, Ukraine, and Vietnam.


Under the reinvestigation, the Canada Border Service Agency (CBSA) examined imports from the countries—especially China—between July 1, 2018 and June 30, 2019 and concluded some producers shouldn’t be charged dumping duties on future shipments because they provided the agency with complete responses to its information request.


The CBSA exempted 10 Chinese companies from dumping charges for shipments beginning May 25, 2020, and imposed a charge of 166.9pc on OCTGs and 91pc on seamless casings for companies that either failed to respond or didn’t provide adequate explanations for their exports.


Duty exemptions were granted to three Taipei-based companies, three Indian exporters, a company from each of Indonesia, Phillipines, Turkey, and South Korea, and two exporters from Thailand. All other exporters will be charged a duty of 37.4pc on OCTG goods, the agency said in its revised ruling.


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