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The CBSA launches anti-dumping investigation into concrete reinforcing bar from several countries and territories
22/08/2016 12:00
The Canada Border Services Agency (CBSA) announced today that it is launching an investigation on whether certain concrete reinforcing bar originating in or exported from Belarus, Portugal, Spain, Japan, Chinese Taipei (Taiwan), and the Hong Kong Special Administrative Region of the People’s Republic of China is being sold at unfair prices in Canada.
The investigation is the result of a complaint filed by ArcelorMittal Long Products Canada (Contrecoeur, QC), AltaSteel Ltd. (Edmonton, AB) and Gerdau Ameristeel Corporation (Whitby, ON). The complainants allege that as a result of price undercutting from the subject countries/territories, Canadian producers face lost revenue and market share, resulting in reduced production and employment.
Currently, there are 48 special import measures in force, covering a wide variety of industrial and consumer products, from steel products to refined sugar. These measures have directly helped to protect the Canadian economy and jobs in Canada. Note that there is currently a special import measure in place since December 2014 on concrete reinforcing bar from China, South Korea and Turkey.
The investigation is the result of a complaint filed by ArcelorMittal Long Products Canada (Contrecoeur, QC), AltaSteel Ltd. (Edmonton, AB) and Gerdau Ameristeel Corporation (Whitby, ON). The complainants allege that as a result of price undercutting from the subject countries/territories, Canadian producers face lost revenue and market share, resulting in reduced production and employment.
Currently, there are 48 special import measures in force, covering a wide variety of industrial and consumer products, from steel products to refined sugar. These measures have directly helped to protect the Canadian economy and jobs in Canada. Note that there is currently a special import measure in place since December 2014 on concrete reinforcing bar from China, South Korea and Turkey.
Source: news.gc.ca
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