U.S. Department of Commerce established a preliminary countervailing duty for softwood lumber from Canada

U.S. Department of Commerce (DOC) on April 24, 2017 announced its affirmative preliminary determination in the countervailing duty (CVD) investigation of imports of softwood lumber from Canada.

According to the announcement, the department calculated preliminary subsidy rates for five mandatory respondents:

  • Canfor Corporation – 20.26% percent
  • J.D. Irving, Limited – 3.02%;
  • Resolute FP Canada – 12.82%;
  • Tolko Marketing and Sales Ltd. and Tolko Industries Ltd. –  19.50%;
  • West Fraser Mills – 24.12%

DOC established a preliminary subsidy rate of 19.88% for all other producers/exporters in Canada.

The merchandise subject to this investigation is softwood lumber, siding, flooring and certain other coniferous wood. In 2016, imports of softwood lumber from Canada were valued at an estimated USD 5.66 billion.

The petitioner for the trade action is the Committee Overseeing Action for Lumber International Trade Investigations or Negotiations, which is an ad hoc association whose members are: U.S. Lumber Coalition, Inc. (DC); Collum’s Lumber Products, L.L.C. (SC); Hankins, Inc. (MS); Potlatch Corporatio (WA); Rex Lumber Company (FL); Seneca Sawmill Company (OR); Sierra Pacific Industries (CA); Stimson Lumber Company (OR); Swanson Group (OR); Weyerhaeuser Company (WA); Carpenters Industrial Council (OR); Giustina Land and Timber Company (OR); and Sullivan Forestry Consultants, Inc. (GA).

Earlier U.S. Department of Commerce imposed no CVD on Catalyst’s supercalendered paper with its final ruling.

Source: Woodbizforum