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Canada: Pipe imports hurt domestic producers
17/07/2012 12:00
A federal agency said Friday there's reasonable evidence that domestic producers of carbon steel welded pipe have been financially harmed by imported products sold in Canada at excessively low prices.
The Canadian International Trade Tribunal began its investigation in May after receiving complaints from Novamerican Steel Inc. of Montreal and Bolton Steel Tube Co. Ltd. of Bolton, Ont.
The Canada Border Services Agency is continuing its investigation of the alleged trade infractions and will issue a report by Aug. 13.
Novamerican and Bolton Steel Tubes allege they are the victims of dumping and subsidization of products made in Taiwan, India, Oman, South Korea, Thailand, Turkey and the United Arab Emirates.
If the allegations are upheld, the tribunal has the power to impose duties on the imported goods, raising their price and taking away foreign companies' trade advantage.
The Canadian International Trade Tribunal began its investigation in May after receiving complaints from Novamerican Steel Inc. of Montreal and Bolton Steel Tube Co. Ltd. of Bolton, Ont.
The Canada Border Services Agency is continuing its investigation of the alleged trade infractions and will issue a report by Aug. 13.
Novamerican and Bolton Steel Tubes allege they are the victims of dumping and subsidization of products made in Taiwan, India, Oman, South Korea, Thailand, Turkey and the United Arab Emirates.
If the allegations are upheld, the tribunal has the power to impose duties on the imported goods, raising their price and taking away foreign companies' trade advantage.
July 14, 2012
Source: calgaryherald.com
Source: calgaryherald.com
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