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Positive ruling for WFP

Western Forest Products has been granted a positive ruling from the U.S. Department of Commerce. For softwood lumbe…

Western Forest Products has been granted a positive ruling from the U.S. Department of Commerce. For softwood lumber anti-dumping deposit purposes, the company is now entitled to use the ‘all others rate’ of 3.78% until a new rate for this category is determined. The ruling comes into effect immediately, and as a result, Western Forest Products will post the lower rate on its shipments of lumber into the U.S. instead of the 11.54% rate is had been paying since April 26th of this year.