May 12, 2020 – An order imposing “Final Safeguards” in the form of surtaxes on the importation of certain heavy plate, and stainless- steel wire was introduced in Customs Notice 19-08 (CN19-08). This Customs Notice also provides instructions, exemptions and a schedule of rates on certain heavy plate and stainless- steel wire.
On May 4, 2020, the Canada Border Services Agency (CBSA) issued a reminder of the upcoming scheduled revisions to the safeguard rates.
Period 2 of the Final Safeguard Measures will begin on May 13, 2020, for a one-year period ending on May 12, 2021.
The Surtax rates applicable to the subject heavy plate and stainless-steel wire will be reduced during this period on imported goods absent a specific permit, or once all subject importations exceed the Global Affairs Canada tariff rate quota (TRQ) for each of the goods. The rates are outlined in tables 2 & 3 of CN 19-08.
| Table 2: Heavy Plate | |||
| Period | Duration | Surtax Rate | TRQ (tonnes) |
| 1 | One-year period beginning on May 13, 2019 and ending after May 12, 2020. | 20% | 100,000 |
| 2 | One-year period beginning on May 13, 2020 and ending after May 12, 2021. | 15% | 110,000 |
| 3 | 165 day period beginning on May 13, 2021 and ending after October 24, 2021. | 10% | 54,699 |
| Table 3: Stainless Steel Wire | |||
| Period | Duration | Surtax Rate | TRQ (tonnes) |
| 1 | One-year period beginning on May 13, 2019 and ending after May 12, 2020. | 25% | 2,800 |
| 2 | One-year period beginning on May 13, 2020 and ending after May 12, 2021. | 15% | 3,080 |
| 3 | 165 day period beginning on May 13, 2021 and ending after October 24, 2021. | 5% | 1,532 |
Customs Notice 19-08 – Final Safeguard Measures Imposed on the Importation of Certain Steel Goods
Background information on current steel safeguard TRQ’s periods and quantities is available here.
Questions regarding the rate changes or safeguard measures can be directed to Daniel Walczak at [email protected] or Erik Christopher Nattkemper at [email protected].
Please contact your Livingston account representative should you have any questions.