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| May 4, 2012 04:46 PM EDT | Reads: |
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OTTAWA, ONTARIO -- (Marketwire) -- 05/04/12 -- The Canada Border Services Agency (CBSA) announced today that it is initiating investigations into the alleged injurious dumping and subsidizing of certain steel piling pipe originating in or exported from the People's Republic of China.
The investigations follow a complaint filed by Atlas Tube Canada Inc. of Harrow, Ontario. The complainant alleges that the dumping and subsidizing of these goods are harming Canadian production by causing the following: lost sales, price erosion, price suppression, reduced profitability, loss of market share, and underutilization of capacity.
The Canadian International Trade Tribunal will now begin an injury inquiry to determine whether the imports are harming Canadian producers, and will render its preliminary findings on July 3, 2012. While the Tribunal is examining the question of injury, the CBSA will launch a preliminary investigation into whether the imports are being dumped and/or subsidized, and will make a preliminary decision by August 2, 2012. In the event that the Tribunal's preliminary injury test proves positive, the CBSA will continue its investigation, and make a final decision with regard to dumping and subsidies on October 31, 2012. The final decision concerning injury will be made by the Tribunal on November 30, 2012.
A copy of the statement of reasons, which provides more details about these investigations, will be available on the CBSA's Web site at www.cbsa.gc.ca/sima-lmsi within 15 days.
Contacts:
Media Relations
Canada Border Services Agency
613-957-6500
www.cbsa-asfc.gc.ca/media/media-eng.html
Published May 4, 2012 Reads 272
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