CSPA Welcomes Initiation of Investigation on Imported Rebar
You will find below excerpts of a press release from the Canadian Steel Producers Association (CSPA) regarding an investigation on the dumping of rebar imports. For more details, please refer to the CSPA website at canadiansteel.ca.
OTTAWA, August 19, 2016 – The Canadian Steel Producers Association (CSPA) welcomes the Canadian Border Services Agency (CBSA)’s announcement of the initiation of an investigation into the injurious dumping of concrete reinforcing bar originating in or exported from the Republic of Belarus, Chinese Taipei, the Hong Kong Special Administrative Region of the People’s Republic of China, Japan, the Portuguese Republic and the Kingdom of Spain.
The CBSA announcement can be accessed at: http://www.cbsa-asfc.gc.ca/sima-lmsi/i-e/rb22016/rb22016-ni-eng.html
The investigation was initiated in response to a complaint filed by Canadian producers ArcelorMittal Long Products Canada, G.P., Gerdau Ameristeel Corporation and AltaSteel Ltd.
“We appreciate the CBSA’s commitment through this investigation to ensuring that fair trade in imports of rebar will be respected,” said CSPA President Joseph Galimberti. “It is vital for domestic steel producers and their employees that market-based competition in Canada is preserved. This is an important investigation for the 22,000 Canadians employed directly and the 100,000 employed indirectly in steel.”
This is the second investigation into unfairly traded rebar in Canada in the past two years. A previous investigation into unfairly traded rebar from China, Korea and Turkey resulted in the imposition of duties against these three countries in 2015 (https://long-canada.arcelormittal.com/en/news-media/favourable-decision-canadian-international-trade-tribunal-rebar-imports).