United States imposes more anti-dumping duties on Canadian newsprint

The American government is imposing more anti-dumping duties on Canadian newsprint.

The U.S. Department of Commerce says a preliminary investigation has found Canadian exporters underpriced uncoated groundwood paper by between 0 and 22.16 per cent.

Uncoated groundwood paper includes newsprint, as well as paper for book publishing, printing and writing.

The department says it calculated a dumping rate of 22.16 per cent for Catalyst Paper Corp. of British Columbia.

It says Resolute Forest Products and White Birch were both found to have dumping rates of 0 per cent.

The department says it’s instructing U.S. Customs and Border Protection to collect cash deposits from Canadian newsprint importers based on the findings.

The department’s investigation into the alleged dumping began in August 2017, and an International Trade Commission investigation began the following month.

The department says it will make its final determination in the investigation in August.

This is the second round of U.S. antidumping duties on Canadian newsprint this year.

In January, the U.S. Department of Commerce slapped an overall tariff of 6.53 per cent on about 25 Canadian plants, mostly in Quebec and Ontario, following an investigation that began in August 2017.
http://www.cbc.ca/news/politics/us-duties-newsprint-1.4575237

Related Posts

Sustana Fiber Joins Wisconsin Sustainable Business Council as New Member

WSBC’s mission is to advance sustainable principles and practices through the power of business. WSBC supports businesses and sustainability professionals through an array of programming, education, resources, and tools and is a catalyst for organizations looking to integrate sustainability into the fabric of their organizations. “As the demand for sustainability continues to shape our industry, brands and consumers are looking for supply chain partners that offer sustainable products and solutions,” said Renée Yardley, Senior Vice President of Sales and Marketing. “When businesses work together to provide sustainable recycled paper products, brand’s sustainability goals are achieved, driving sustainability to consumers and ultimately better for our planet.”

Metsä Group’s comparable operating result in January–September 2020 was EUR 274 million

JANUARY–SEPTEMBER 2020 (1–9/2019) *Sales were EUR 3,698 million (4,183). *Operating result was EUR 279 million (342). Comparable operating result was EUR 274 million (418). *Result before taxes was EUR 242 million (298). The comparable result before taxes was EUR 236 million (374). *Comparable return on capital employed was 7.0% (11.0). *Cash flow from operations was EUR 419 million (421). JULY–SEPTEMBER 2020 (7–9/2019) *Sales were EUR 1,245 million (1,374). *Operating result was EUR 116 million (110). Comparable operating result was EUR 115 million (110). *Result before taxes was EUR 103 million (96). The comparable result before taxes was EUR 102 million (96). *Comparable return on capital employed was 8.8% (8.7). *Cash flow from operations was EUR 179 million (239).

Fortress Paper Provides Operational Update on its Landqart Mill

Fortress Paper Ltd. announces that its wholly-owned subsidiary, Landqart AG, has received notices from one of its significant international customers cancelling that portion of purchase orders which were scheduled for production and delivery by the Landqart Mill in the fourth quarter of 2017 and in fiscal 2018. The cancelled purchase orders represent approximately 16% of the budgeted order book at the Landqart Mill for fiscal 2017 and 30% for fiscal 2018. Despite other suppliers experiencing similar cancellations, Landqart continues to have dialogue with the customer to potentially reinstate all or a portion of the cancelled orders over an extended period of time within fiscal 2018. There are no assurances that any reinstatement will be forthcoming. Management is seeking to fill the production void caused by the cancellations and is deploying various strategies, including: (a) pulling forward existing purchase orders, (b) seeking new orders from existing and new customers, and (c) requesting special one-time supplemental orders from existing customers for immediate production. Click Read More below for additional information.
Back To Top
×Close search
Search