NEW YORK The Canada Border Services Agency has initiated a subsidy investigation into oil country tubular goods (OCTG) from India, Indonesia, the Philippines, South Korea, Thailand, Turkey, Ukraine and Vietnam, as well as an anti-dumping case against those eight countries and Taiwan.
"The complainants allege that the dumping and subsidizing of these goods are harming Canadian production by causing ... price depression and price suppression, lost sales and market share, loss of employment, reduced profits, reduced capacity utilization and negative effects on capital investments," the agency said July 21.
The complaints were filed by the Canadian operations of Chicago-based Evraz Inc. North America and Tenaris SA, Luxembourg, and supported by other Canadian OCTG producers (amm.com, May 16).
"Evraz has been detrimentally impacted by the unfair trade practices of these countries," Conrad Winkler, president and chief executive officer of Evraz North America, said in a statement. "We are eager to compete with OCTG manufacturers around the globe based on product quality and actual economics rather than foreign government subsidies and foreign manufacturers dumping practices."
The Canadian agency is scheduled to make its preliminary anti-dumping and countervailing decisions by Oct. 20, while the Canadian International Trade Tribunal (CITT) is slated to make its preliminary determination on injury by Sept. 19.
The CITT has the power to apply dumping duties retroactively to the start of the investigation if it finds that an import surge occurs.