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Interfor Corp T.IFP

Alternate Symbol(s):  IFSPF

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. The Company operates through solid wood products segment. The Company offers its products across two categories, which include Dimension Lumber and Specialty Lumber. The Company's products include Interfor machine-stress rated (MSR) Lumber, Interfor Western HQ Lumber, Interfor Stud Lumber, Interfor Elite Decking, Interfor Elite Fascia & Boards, Interfor Elite V-Joint Paneling, Interfor Elite Fineline Paneling, Interfor Elite Channel and Lap sidings, Interfor Elite Bevel Siding and Interfor Elite Shadow Gap Siding. It produces quality joist products for both residential and commercial floor and roof projects. The Company has annual lumber production capacity of approximately 5.2 billion board feet and offers a diverse line of lumber products to customers around the globe.


TSX:IFP - Post by User

Post by lifeisgood1010on Jan 24, 2023 2:44pm
117 Views
Post# 35242972

CVD/AD duties on softwood lumber imports

CVD/AD duties on softwood lumber imports

WASHINGTONJan. 24, 2023 /PRNewswire/ -- The U.S. Department of Commerce today announced the preliminary determination of a combined anti-subsidy and anti-dumping duty rate of 8.24% in the fourth annual review of unfairly traded Canadian softwood lumber imports into the United States. The review covers lumber imported in calendar year 2021.

"Continued enforcement of U.S. trade laws against unfairly traded Canadian lumber will maximize long-term domestic production and lumber availability produced by U.S. workers to build U.S. homes," said Andrew Miller, Chairman of the U.S. Lumber Coalition and CEO of Stimson Lumber.

"A level playing field against subsidized and dumped imports is particularly important during times of down markets when U.S. mills can least afford to lose sales to Canada's harmful unfair trade practices that endanger U.S. jobs and communities who depend on a vibrant U.S. forestry industry," added Miller.

The U.S. lumber industry established its right to the imposition of antidumping and countervailing duties in the face of unfair competition from Canada in 2017, and the industry continues to vigorously defend the existence and enforcement of those duties in all appropriate fora.

 

The U.S. industry remains open to a new U.S.–Canada softwood lumber trade agreement if and when Canada can demonstrate that it is serious about negotiations. Until then, the U.S. Lumber Coalition fully supports the continued strong enforcement of the U.S. trade laws to address Canada's unfair softwood lumber trade practices.


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