Friday, 12 October 2018 13:13

Safeguard measures imposed on steel products

531 steel

Canada Border Services Agency has issued Customs Notice 18-17, an order imposing a 25% surtax on the importation of certain steel goods effective October 25, 2018.  This includes, steel plate, concrete reinforcing bar, energy tubular products, hot-rolled sheet, pre-painted steel, stainless steel wire and wire rod.  Absent a specific permit, the safeguard surtax will apply to all goods including those released from a Customs Bonded Warehouse or Sufferance Warehouse on or after October 25, 2018 when the Order comes into force.

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