JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
The Canada Border Services Agency (CBSA) has officially terminated its provisional anti-dumping duties on corrosion-resistant steel sheets imported from Turkey’s Borçelik Çelik Sanayi Ticaret A.Ş. The decision comes after CBSA concluded that Borçelik’s exports were not dumped into the Canadian market.
The investigation, launched in December 2024 under the Special Import Measures Act (SIMA), initially led to provisional duties of 22.9% being imposed on Borçelik's steel products in April 2025. However, following a detailed final investigation, CBSA found no evidence of dumping, prompting the cancellation of those duties.
As a result, any duties collected during the provisional period will be fully refunded to importers, and no further anti-dumping duties will be levied on Borçelik's corrosion-resistant steel sheets.
This outcome marks a significant relief for Turkish exporters and Canadian importers who had faced months of uncertainty. It also underscores CBSA’s commitment to evidence-based enforcement of trade rules.
The Canadian International Trade Tribunal (CITT), which conducted a parallel inquiry into whether the imports injured Canadian producers, is expected to publish its final ruling by August 15, 2025.
CBSA will release a detailed Statement of Reasons within 15 days to explain its decision.
This ruling reopens a key export route for Borçelik and signals a fair trading environment for global steel players operating in the Canadian market.
Also Read : Govt says ₹12,900 cr invested under PLI scheme for specialty steel Govt & industry gear up for India Energy Week in Goa
India’s stainless steel industry is witnessing significant challenges as it enters Q1 of FY26....
Announcement 01-Apr-2025
JSW Steel Expansion Unaffected by Supreme Court’s Bhushan Power Verdict JSW Steel has reaffir...
Construction 19-Jul-2025
Juniper Green Energy and Envision Energy have formed a strategic partnership to develop a 300-MW win...
Mid Corporate 20-Feb-2024
✅ Novartis CEO monitoring US reciprocal tariff policy’s impact.✅ Tariffs could affect drug p...
USA 17-Mar-2025
Fresh from clinching a 50-billion-euro ($54.43 billion) pipeline gas deal in Norway last month, Germ...
Europe 25-Jan-2024
GPIL's pellet and iron ore production remained stable in FY 2024-25. The company maintained output...
Raw Material 23-May-2025