The Canada Border Services Agency (CBSA) announced that it is initiating an investigation into the alleged injurious dumping of certain hot-rolled carbon steel plate and high-strength low-alloy steel plate originating in or exported from Brazil, Chinese Taipei, Denmark, Indonesia, Italy, Japan and the Republic of Korea.
The investigation follows a complaint filed by Essar Steel Algoma Inc., of Sault Ste. Marie, Ontario. The complainant alleges that the dumping of these goods is harming Canadian production by causing the following: price depression/suppression, lost market share, lost sales, reduced profits, reduced utilization of production capacity and reduction in employment.
The Canadian International Trade Tribunal (CITT) will now begin a preliminary inquiry to determine whether the imports are harming Canadian producers and will issue a decision by November 4, 2013. While the CITT is examining the question of injury, the CBSA will investigate whether the imports are being dumped, and will make a preliminary determination by December 4, 2013.
Should the CBSA make a preliminary determination of dumping, the investigation will be continued for the purpose of making a final decision within 90 days after the date of the preliminary determination. If the CBSA's investigation reveals that imports of the subject goods have not been dumped, that the margin of dumping is insignificant or that the actual and potential volume of dumped goods is negligible, the investigations will be terminated.