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China Silicon Metal Enterprises Show Mild Response to Canada’s Punitive Tariff

iconJul 25, 2013 11:09
Source:SMM
The Canada Border Services Agency released its ruling for the anti-dumping and anti-subsidy probes into silicon metal imports from China.
SHANGHAI, Jul. 25 (SMM) – The Canada Border Services Agency released its ruling for the anti-dumping and anti-subsidy probes into silicon metal imports from China, announcing to impose a 60% interim tariff on silicon metal imported from China since July 22. 
 
Domestic silicon metal producers showed mild response to the result, since most had expected a high punitive tariff earlier. 
 
Several Chinese producers exporting goods to Canada also reacted quietly to the news. These enterprises told SMM that despite the high tariff, persistently high costs for silicon metal production in Canada would propel Canadian purchasers to source silicon metal from other regions. Given its price advantage, Chinese silicon metal would still be able to enter Canadian markets through entropot trade. Thus, most domestic silicon metal producers said they will not file appeal against the ruling.
 
Chinese silicon metal
tariff on silicon metal
Canada anti-dumping probe

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