Canadian steel firms to pay $19M over alleged duty-evasion scheme

Two Ontario-based steel importers and their president have agreed to pay $19 million to settle US allegations that they avoided customs duties on flat-rolled steel by falsely declaring its origin, the US Department of Justice said.

The government alleges Farjess Inc., Royal Canadian Steel Inc., and their president, Feroz Jessani, claimed the steel originated in Canada or the United States. Officials say they knew it was actually produced in China, Indonesia, Italy, Turkey, or Vietnam.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

Laura Miller

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