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May 30, 2018
CBSA starts dumping investigation on cold-rolled steel from China, Korea and Vietnam
The Canada Border Services Agency (CBSA) launched an investigation into whether or not certain cold-rolled steel in coils or cut lengths originating in or exported from China, South Korea and Vietnam is being sold at unfair prices in Canada. The Agency will also investigate whether or not subsidies are being applied to cold-rolled steel originating in or exported from China, South Korea and Vietnam.
The investigations follow a complaint filed by a Canadian manufacturer located in Hamilton, Ontario. The complainant alleges that the Canadian industry is facing declining market shares, loss of sales, price undercutting, price depression, declining production and utilization rate, which is hindering new investment projects.
In the next step of the investigations the Canadian International Trade Tribunal will first determine whether the imports are harming Canadian producers, and will issue a decision by July 24, 2018.
Concurrently, the CBSA will investigate whether the imports are being sold in Canada at unfair and/or subsidized prices, and will make preliminary decisions by August 23, 2018.
Anti-dumping and/or countervailing duties could eventually be applied to the goods under investigation.
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