Steel Mills

Essar Steel Algoma Challenging Rebar Duty Exemption
Written by Sandy Williams
May 26, 2015
Essar Steel Algoma is asking for support from the City of Sault Ste Marie in challenging a request by the Independent Contractors and Business Association (ICBA) and the province of British Columbia for ‘regional exemption’ of anti-dumping and countervailing duties on rebar imports.
“Although we are not a rebar producer, it is our view that such an exemption would create a dangerous precedent, opening the potential for similar claims in the future from other regions and for other Canadian industrial products, such as hot and cold rolled sheet and plate,” said Essar Steel Algoma in an email to SMU. “It undermines Canada’s trade laws by actively encouraging unfair imports, favouring unfairly traded foreign products and workers over those in Canada. Such an exemption could bring economic harm to Canadian manufacturers, their suppliers and their employees across Canada, including here at home in Sault Ste. Marie.”
Essar explained that in 2014, Canada’s rebar producers initiated a complaint against illegally dumped and subsidized imports of rebar from China, South Korea and Turkey. The Canadian International Trade Tribunal (CITT) determined in 2015 that such imports injured Canadian producers and established tariffs on rebar from all three countries.
ICBA and the province of British Columbia sought a ‘regional exemption’ from such duties but were denied an exemption by the CITT. Since then, the ICBA and BC have asked for a ‘Public Interest Inquiry’, again seeking a regional exemption.
Essar Steel Algoma and other steel industry leaders are seeking commitment from other manufacturing associations, individual companies, and provincial and municipal governments to intervene in the Public Interest Inquiry.
Essar Steel Algoma and Tenaris Canada, in separate communications, are asking the mayor and council of Sault Ste. Marie to submit a letter of protest to the exemption request to the CITT by July 6 and to participate in CITT tribunal hearings scheduled for July 27 to July 31 in Vancouver.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Ternium pushes forward with growth projects despite slump in earnings and Mexican market
Ternium S.A. Fourth quarter ended Dec.31 2024 2023 Change Net sales $3,876 $4,931 -21.4% Net income (loss) $333 $554 -39.9% Per diluted share $1.43 $2.11 -32.2% Full year ended Dec.31 Net sales $17,649 $17,610 0.2% Net income (loss) $174 $986 -82.4% Per diluted share $(0.27) $3.44 -108% (in millions of dollars except per share) While […]

Kestenbaum, Ancora state their case in proxy fight for U.S. Steel
Ancora Holdings is moving forward with its proxy fight to oust U.S. Steel’s leadership and install a new board of directors and Alan Kestenbaum as CEO.
BlueScope shelves midstream facility but still upbeat on US
BlueScope Steel is pulling back on its expansion plans in the US for now but remains optimistic about the North American market.

Japanese PM cites ‘unjust political interference’ in Nippon/USS deal: Report
Japan’s Prime Minister Shigeru Ishiba said on Monday that former President Joe Biden’s decision to block Nippon Steel’s buy of U.S. Steel was “unjust political interference,” according to a report in Reuters. This comes after another Reuters report on Friday saying that President Trump would not object to Nippon taking a minority stake in the […]

Trump says Nippon will ‘invest heavily’ in USS rather than buy it
Nippon Steel has agreed to “invest heavily in U.S. Steel as opposed to own it,” President Donald Trump said on Friday during a press conference with Japanese Prime Minister Shigeru Ishiba. U.S. Steel is “a very important company” and was once “the greatest company in the world”. Of potential foreign ownership of the Pittsburgh-based steelmaker, Trump said, “the concept, psychologically, not good."