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Canadian Agencies to Investigate Steel Plate Imports from Ukraine

The Canada Border Services Agency (CBSA) is initiating an investigation into the alleged injurious dumping of carbon steel plate and high-strength low-alloy steel plate originating in or exported from Ukraine.

 

Dumping occurs when goods are sold to importers in Canada at prices that are less than their selling prices in the exporter's domestic market or at unprofitable prices.
 
The Special Import Measures Act protects Canadian producers from the damaging effects of such unfair trade.

The investigation follows a complaint filed by Essar Steel Algoma alleging that the dumping of these goods is harming Canadian production by causing lost orders, discounted sales, price depression, underutilization of capacity, and a decline in financial performance.
 
The Canadian International Trade Tribunal will now conduct a preliminary inquiry to determine whether the identified imports are harmful to Canadian producers, with a preliminary decision to be issued by September 4, 2009. While the Tribunal is examining the question of injury, the Canada Border Services Agency will investigate whether the imports are being dumped; the CBSA’s decision will be made by October 5, 2009.
 
If the Tribunal determines that an unusually large increase in harmful imports has occurred and that the retroactive application of anti-dumping duty is therefore justified, duty could be levied on goods brought into Canada as of the time the investigation was initiated.
 
The CBSA will provide a copy of the statement of reasons on its website within 15 days. The statement of reasons provides more details about the investigation.