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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. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir-Larch, Hem-Fir, Southern Yellow Pine, Western Red Cedar, Douglas Fir-Larch, and P3-Joist. Its sawmills provide a diverse range of sustainable products to supply North American markets with a complete offering of framing materials. Its Western Red Cedar products include Elite Decking, Elite Fascia & Boards, Elite V-Joint Paneling, Elite Fineline Paneling, Elite Channel/Lap Siding, Elite Bevel Siding and Elite Shadow Gap Siding. It has an annual lumber production capacity of approximately 5.0 billion board feet and offers a diverse line of lumber products to customers around the world.


TSX:IFP - Post by User

Post by lifeisgood1010on Jan 24, 2023 2:44pm
146 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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