Canadian Tribunal Finds Injury from Stainless Steel Wire
08/05/2004 - The Canadian International Trade Tribunal (CITT) has determined that injury has been caused to the Canadian steel industry by the dumping of cold drawn and annealed stainless steel round wire from the Republic of Korea, Switzerland and the United States of America, and the subsidizing of this product from India.
The Canadian International Trade Tribunal (CITT) has determined that injury has been caused to the Canadian steel industry by the dumping of cold drawn and annealed stainless steel round wire from the Republic of Korea, Switzerland and the United States of America, and the subsidizing of this product from India.
The CITT’s inquiry addressed cold drawn and annealed stainless steel round wire, up to and including 0.300 inches (7.62 mm) in maximum solid cross-sectional dimension. The inquiry excluded the following types of stainless steel wire: nickel- and copper-coated; wire for use in the manufacture of springs, per ASTM A313; wire in diameters of 0.032 inches (0.813 mm) and smaller; lashing wire; Type 27-7MO; Types 302 and 430 cold-heading wire; Types 308LHS, 309LHS, 387, 409CB and 430LCB welding wire; Type 439 titanium stabilized solid welding wire; Type A-286 cold-heading wire; Type A286/A286SF cold-heading wire; and Type XM-19 wire.
The CITT’s inquiry follows preliminary (April 2, 2004) and final (June 30, 2004) determinations by the Canada Border Services Agency that product from the Republic of Korea, Switzerland and the United States of America had been dumped and, in the case of India, subsidized and that the margins of dumping and the amount of subsidy of the product are not insignificant.
The CITT also found that dumped product from the United States had also caused damage to the Canadian steel industry.