The Canadian International Trade Tribunal today released the results of an inquiry into the dumping of carbon and alloy steel line pipe from Korea, announcing that such imports have caused injury or is threatening to cause injury to the domestic industry.
The inquiry stemmed from a complaint filed by Evraz Inc. NA Canada and the Canadian National Steel Corporation (collectively, Evraz) and the initiation of an investigation on June 8, 2017, by the President of the Canada Border Services Agency (CBSA), into the alleged injurious dumping of certain line pipe originating in or exported from Korea.
On December 5, 2017, the CBSA made a final determination of dumping. The CBSA’s period of investigation covered the period from April 1, 2016, to March 31, 2017. It determined that 100 percent of the subject goods imported into Canada over this period were dumped. The CBSA specified the following margins of dumping:
Exporters | Weighted average dumping margin |
Husteel Co., Ltd. | 4.10% |
Hyundai Corporation | 52.50% |
Hyundai Steel Company | 47.80% |
Nexteel Co., Ltd. | 12.90% |
SeAH Steel Corporation | 27.50% |
All others | 88.10% |