Alleges Canadian production of hot-rolled carbon and high-strength low-alloy steel plate product is harmed.
OTTAWA — The Canada Border Services Agency (CBSA) has initiated an investigation into alleged dumping of hot-rolled carbon steel plate and high-strength low-alloy steel plate from Brazil, Taipei, Denmark, Indonesia, Italy, Japan and the Republic of Korea.
The investigation follows a complaint filed by Essar Steel Algoma Inc., a steel producer in Sault Ste. Marie, Ont., that alleges dumping is harming Canadian production by causing prices suppressed/depressed prices, lost market share, lost sales, reduced profits, reduced use of production capacity and lost jobs.
Dumping occurs when goods are sold to importers in Canada at prices that are less than their selling prices in the exporter’s domestic market or at unprofitable prices.
The Canadian International Trade Tribunal (CITT) will begin a preliminary inquiry to determine whether the imports are harming Canadian producers and issue a decision by Nov. 4.
While the CITT examines whether or not an injury has occurred, the CBSA will investigate whether the imports are being dumped, and will make a preliminary determination by Dec. 4.