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Monday, July 30, 2018 - 10:49:51 PM
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Mining News Pro - The Canada Border Services Agency (CBSA) has recently announced that it is launching an investigation into whether or not certain corrosion-resistant steel sheet originating in or exported from India, China, Taiwan, and South Korea is being sold at unfair prices in Canada.
The investigation is
being launched by CBSA on the complaint filed by ArcelorMittal Dofasco G.P.,
located in Ontario and is supported by Stelco Holdings Inc which is also based
in Ontario, Canada.
According to the reports, the complainant has alleged
that the Canadian industry is facing increasing volumes of dumped subject
goods, lost sales, price undercutting, price depression, negative financial
results, underutilized production capacity, reduced employment, and threat to
continuous investments.
The subject goods are corrosion-resistant flat-rolled
steel sheet products of carbon steel including products alloyed with certain
elements. The corrosion-resistant steel sheet is commonly used in the
production of a range of goods such as farm buildings, grain bins, culverts,
garden sheds, roofing ducting (and other heating and cooling applications),
hardware products and appliance components etc.
Corrosion-resistant steel sheet which is used in
automobiles and automotive components is not included in this investigation.
The Canadian International Trade Tribunal (CITT) will
begin a preliminary inquiry to determine whether the imports are harming
Canadian producers and will issue a decision by September
24, 2018. Subsequently, CBSA will investigate whether the imports are
being sold in Canada at unfair prices, and will make a preliminary decision
by October 24, 2018.
Canada has also recently launched a probe on whether
carbon steel welded pipes are being sold into the country from Pakistan,
Philippines, Turkey and Vietnam at unfair prices.
In Canada, currently, there are 101 special import
measures in force, covering a wide variety of products, from steel to refined
sugar. These measures have directly helped to protect the country’s domestic
industry.
Short Link:
https://www.miningnews.ir/En/News/226101
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