New Information Re ADD/CVD Impact Dates & Duty Remittance Requirements: Softwood Lumber

New Information Re ADD/CVD Impact Dates & Duty Remittance Requirements: Softwood Lumber

This just in from intrepid US Customs Broker Michael Jones, of Jones & Jones Customs Brokers and Trade Consultants in Blain, WA, one of Madison’s long-time and regular sources: ” all-import date(s) with respect to when softwood lumber shipments could be subject to the DOC ADD/CVD Investigation duties While special ADD/CVD Single Transaction Bonds were allowed to be posted during specific stages of earlier Canadian Softwood Lumber ADD/CVD cases, our surety is advising us that U.S. Customs will now require…

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US New & Existing Home Sales, House Prices: Oct 2016

US New & Existing Home Sales, House Prices: Oct 2016

Both new and existing home sales gures for October were released in the US this week, showing signs of steady, if muted, improvement. US New Home Sales: October 2016 The US Census Bureau and Department of Housing and Urban Development in a joint release reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 563 thousand in October, down slightly from September but continuing the slow, steady upward trend of the last several years. Sales…

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Manufacturing Orders, US: October 2016

Manufacturing Orders, US: October 2016

The flash Markit US PMI manufacturing index, released Wednesday, strengthened to 53.9 for November from 53.4 the previous month. The figure was higher than the consensus forecast of 53.4 and also the highest reading for 13 months. Production increased for the sixth consecutive month and the November reading was the strongest since March 2015. US Manufacturing Orders: October 2016 As well, demand for long-lasting manufactured goods rose in October at the fastest pace in a year. Orders for durable goods…

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Canada Tariff on US Gypsum Imports

Canada Tariff on US Gypsum Imports

A new trade dispute has broken out between Canada and the US that threatens to raise prices in Canada’s already overheated housing markets, said the Globe and Mail Thursday. The Canada Border Services Agency imposed a provisional tariff as high as 277 per cent on US drywall imports in September after ruling that manufacturers were dumping the product, or selling it below the price in their home market, undercutting local suppliers. The tariff has raised the price of drywall, or…

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US Petitions for AD and CVD Investigations of Imports of Softwood Lumber Products from Canada

US Petitions for AD and CVD Investigations of Imports of Softwood Lumber Products from Canada

FACT SHEET Committee Overseeing Action for Lumber International Trade Investigations or Negotiations (“COALITION”) Files Petitions for Antidumping and Countervailing Duty Investigations of Imports of Softwood Lumber Products from Canada On November 25, 2016, the COALITION initiated legal action seeking enforcement of existing U.S. trade laws to offset the harmful effects of imports of Softwood Lumber from Canada in the U.S. market. The filing of the antidumping and countervailing petitions follow four separate prior countervailing duty proceedings and one antidumping proceeding…

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U.S. Lumber Industry Petitions for Relief From Canadian Subsidies, Dumping

U.S. Lumber Industry Petitions for Relief From Canadian Subsidies, Dumping

Subject: Press Release — U.S. Lumber Industry Petitions for Relief From Canadian Subsidies, Dumping FOR IMMEDIATE RELEASE CONTACT: Zoltan van Heyningen | zoltan@uslumbercoalition.org | 703‐597‐8651 WASHINGTON, DC (November 25, 2016) – The Committee Overseeing Action for Lumber International Trade Investigations or Negotiations (COALITION) today petitioned the U.S. Department of Commerce and the U.S. International Trade Commission to restore the conditions of fair trade in softwood lumber between the United States and Canada. The COALITION petition alleges that Canadian provincial governments,…

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US and Canada Heating Wood Pellet Exports: Sept & June 2016

US and Canada Heating Wood Pellet Exports: Sept & June 2016

More good news in the fast-growing North American wood pellet industry; wood pellets used for energy exports are up so far in 2016 according to Statistics Canada and the US Census. Canada and US Heating Wood Pellet Manufacturing Industry: 3Q 2016 An industry poised to grow by orders of magnitude over the next ten and twenty years, wood pellet production and sales globally starting to show a picture of what to expect in that near-term future. Data out just this…

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Canada Tariff on US Gypsum Imports

Canada Tariff on US Gypsum Imports

First lumber, now drywall in Canada-U.S. trade tensions “ Canada imported about $277-million worth of lime and gypsum products last year, about 97 per cent of it from U.S. manufacturers, according to Statistics Canada.” “ No company in Canada can compete against U.S. products dumped at such a low price levels,“ Matt Walker, general manager of Mississauga-based CertainTeed Gypsum Canada, said in an e-mail statement through an external spokesman. U.S. companies have been selling product in Canada at as much…

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Japan Wood Consumption: FY 2015

Japan Wood Consumption: FY 2015

The results of Japan’s intensive campaign to foster a domestic lumber production industry over the past couple of years are in; Japan’s Forestry Agency released the data for the Wood Supply and Demand in 2015 to the public on September 27, said Japan Lumber Journal Thursday. According to the report, the total amount of demand for the year (after conversion to the log equivalent) was 75,300,000 cubic metres, which is down 0.7 percent compared with the previous year, and the…

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US Building Material Prices: October 2016

US Building Material Prices: October 2016

The latest Producer Price Index (PPI) release by the Bureau of Labor Statistics revealed that the prices for the building materials softwood lumber, OSB, gypsum products, and ready-mix concrete all fell during October. National Association of Home Builders’ Eye on Housing staffer David Logan takes a look at the declines for these materials, specifically pointing out the decline Oriented Strand Boad (0.7 per cent) as paltry following a cumulative 25 per cent price increase since February. US Construction Materials Prices…

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