NEW YORK The Canadian International Trade Tribunal (CITT) has released details of its preliminary ruling that dumped imports of hot-rolled carbon steel plate from seven countries have harmed the Canadian industry.
The CITT determined that there was "reasonable indication" that the dumping of hot-rolled plate from Brazil, Denmark, Indonesia, Italy, Japan, South Korea and Taiwan harmed Canadian steelmakers (amm.com, Nov. 4). The investigation came after Sault Ste. Marie, Ontario-based Essar Steel Algoma Inc. filed a trade complaint with the Canadian government in September (amm.com, Sept. 11).
The CITT said in a Nov. 19 release "that the average unit import prices of carbon steel plate from the subject countries were consistently lower than the domestic industrys average unit selling prices over the (period of investigation)" and also were lower than those "from non-subject countries available on the Canadian market."
As a result of the lower average import prices, "the market share of the subject goods grew while the market share held by both domestic producers and non-subject country importers declined," the tribunal said. "In the tribunals view, the evidence on the record supports Essar Algomas argument that its financial performance was negatively affected over the (period of investigation)."
The Canadian governments anti-dumping investigation of hot-rolled plate imports continues with the Canada Border Services Agency, which is scheduled to conclude a preliminary investigation by Dec. 4.