Canadian Lakeside Steel welcomes CITT decision against Chinese OCTG

Thursday, 25 March 2010 14:32:15 (GMT+3)   |  

Ontario, Canada-based Lakeside Steel Inc., parent company of diversified steel pipe and tubing manufacturer Lakeside Steel Corp, has welcomed the Canadian International Trade Tribunal's (CITT) determination that Chinese imports of oil country tubular goods (OCTG) that are casing and tubing have caused injury to Canadian producers.

As a result of the CITT determination, antidumping duties of up to 166.9 percent will be applied to imports of these products from China for an initial five-year period.

The determination is the result of investigations initiated by a complaint filed jointly by Lakeside Steel and the other Canadian producers.

"Lakeside Steel is committed to ensuring imports into the Canadian market are fairly traded and this decision will help to provide a level playing field," president and COO Ron Bedard said in a news release.

This most recent CITT determination is the third of a series of cases brought by Lakeside Steel and other Canadian producers against unfairly traded Chinese tubular products.

As SteelOrbis previously reported, the CITT found on March 23 that the dumping and subsidizing of OCTG from China that are casing and tubing had caused injury to the domestic industry, and so antidumping and countervailing duties will therefore be collected by the CBSA on these goods.

Meanwhile, the CITT also decided that dumping and subsidizing of OCTG from China that are coupling stock had not caused injury.


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