Canada makes final say on anti-dumping probe into cold-rolled steel
Wednesday, November 7,2018AsemconnectVietnam - Cold-rolled steel imported from China, the Republic of Korea (RoK) and Vietnam is being unfairly subsidised and dumped in Candida, according to the Canada Border Services Agency (CBSA).
The CBSA recently announced final determinations of dumping and subsidising of certain cold-rolled steel in coils or cut lengths from China, the RoK and Vietnam.
The CBSA said in a statement it has found a 99.2% margin of dumping and 6.5% in amount of subsidy in these steel products from Vietnam. Meanwhile, the margin of dumping and amount of subsidy in the products from China were determined at 91.9% and 11.6%, respectively; from the RoK 53% and 11.3%, respectively.
“The Canadian International Trade Tribunal (CITT) is continuing its inquiry into the question of injury to the domestic industry and will make an order or finding by December 21, 2018,” it noted. “Provisional duties will continue to apply on imports of subject goods until the date of the CITT’s order or finding.”
The CBSA launched a probe into whether or not certain cold-rolled steel in coils or cut lengths originating in or exported from China, the RoK and Vietnam are being sold at unfair prices in Canada and if subsidies are being applied to these products.
The investigations are the result of a complaint filed by ArcelorMittal Dofasco G.P., located in Ontario. The complainant alleges the Canadian industry is facing declining market shares, loss of sales, price undercutting, price depression and declining production and utilisation rate.
The investigations, which took place from April 1, 2017 to March 31, 2018, examined cold-rolled steel commonly used in the production and manufacture of a range of goods including household appliances, drums, tubing, furniture and strapping. These investigations did not cover cold-rolled steel used for automobile production.
Currently, there are 99 special import measures in force in Canada, covering a variety of industrial and consumer products, from steel products to refined sugar.
The CBSA said in a statement it has found a 99.2% margin of dumping and 6.5% in amount of subsidy in these steel products from Vietnam. Meanwhile, the margin of dumping and amount of subsidy in the products from China were determined at 91.9% and 11.6%, respectively; from the RoK 53% and 11.3%, respectively.
“The Canadian International Trade Tribunal (CITT) is continuing its inquiry into the question of injury to the domestic industry and will make an order or finding by December 21, 2018,” it noted. “Provisional duties will continue to apply on imports of subject goods until the date of the CITT’s order or finding.”
The CBSA launched a probe into whether or not certain cold-rolled steel in coils or cut lengths originating in or exported from China, the RoK and Vietnam are being sold at unfair prices in Canada and if subsidies are being applied to these products.
The investigations are the result of a complaint filed by ArcelorMittal Dofasco G.P., located in Ontario. The complainant alleges the Canadian industry is facing declining market shares, loss of sales, price undercutting, price depression and declining production and utilisation rate.
The investigations, which took place from April 1, 2017 to March 31, 2018, examined cold-rolled steel commonly used in the production and manufacture of a range of goods including household appliances, drums, tubing, furniture and strapping. These investigations did not cover cold-rolled steel used for automobile production.
Currently, there are 99 special import measures in force in Canada, covering a variety of industrial and consumer products, from steel products to refined sugar.
Source: vov.vn
Vietnam, RoK look to expand technology, start-ups, innovation cooperation
Counsellor suggests ways to boost halal product exports to Singapore
Vietnam attractive to foreign investors: Austrian newspaper
Vietnam, China’s Guangxi promote trade cooperation
Expert makes recommendations for stronger Vietnam - France economic links
Indonesian tourism promoted at Vietnam Int’l Travel Mart 2023
Vietnam remains favourite investment destination for European firms: Report
Vietnam's agricultural products face more difficulties in export to China
VietShrimp 2023 opens in Can Tho
Hai Phong works to expand diplomacy, promote investment attraction
Vietnamese, Lao, Thai localities foster trade ties
UK's accession to CPTPP to bring more incentives for Vietnamese exports
Binh Duong looks to step up trade, investment ties with Argentine localities
Conference promotes Vietnam’s trade, investment cooperation with China’s locality
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...