Favourable Decision of Canadian International Trade Tribunal on Rebar Imports
You will find below a press release from the Canadian Steel Producers Association (CSPA) regarding a decision by the Canadian International Trade Tribunal (CITT) on the dumping of rebar imports. For more details, please refer to the CSPA website at canadiansteel.ca.
OTTAWA, January 9, 2015 - The Canadian Steel Producers Association (CSPA) welcomes the announcement today by the Canadian International Trade Tribunal (CITT) of its determination that dumped imports of concrete reinforcing bar (rebar) from China, South Korea and Turkey; and subsidized imports of rebar from China, are threatening to cause material injury to Canadian rebar manufacturers in Alberta, Ontario and Quebec.
CSPA and its member companies consistently advocate effective trade remedy laws, which serve to restore market-based competition in Canada. This enables Canadian producers to compete fairly against imports under the WTO rules, thus benefitting production, jobs and investment in Canada.
Because of the dumping and subsidization practices of these three countries, anti-dumping and countervailing duties will be in place for the next five years on rebar originating in or exported from them. The ruling does not apply to other rebar imports into Canada, nor does it prevent imports from those three countries that are priced fairly.
The decision follows a complaint filed on April 24, 2014 with the Canadian Border Services Agency (CBSA) by three CSPA members: AltaSteel (Edmonton); ArcelorMittal (Contrecoeur, Quebec); and Gerdau (Whitby, Ontario). On December 10, 2014 the CBSA established final dumping duties ranging from 3.8% to 41%, and countervailing duties for subsidies up to $90 Canadian per tonne.
The CSPA further welcomed the CITT’s decision not to grant a “regional exclusion” in British Columbia, as had been requested. This maintains the national scope of the finding to ensure open and market-based competition between domestic and imported products throughout the country.