Trade Resources Industry Views CITT Founds That The Dumping and Subsidizing of Wire Originating in or Exported From China

CITT Founds That The Dumping and Subsidizing of Wire Originating in or Exported From China

On Tuesday, the Canadian International Trade Tribunal (CITT) found that the dumping and subsidizing of cold-drawn carbon or alloy steel wire originating in or exported from the People's Republic of China, the State of Israel and the Kingdom of Spain has not caused and are not threatening to cause injury to the domestic industry.

Anti-dumping and countervailing duties will therefore not be collected by the Canada Border Services Agency. The complainant in this case was Tree Island Steel Ltd. of Richmond, British Columbia.

The trade case includes cold-drawn carbon or alloy steel wire of solid cross section with an actual diameter of 1.082 mm (0.0426 inch) to 12.5 mm (0.492 inch), plated or coated with zinc or zinc alloy, whether or not coated with plastic, excluding flat wire.

The Tribunal will issue the reasons for its finding on September 4, 2013.

Source: http://www.steelorbis.com/steel-news/latest-news/canada-not-injured-by-wire-imports-from-china-israel-and-spain-777795.htm
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Canada Not Injured by Wire Imports From China, Israel and Spain
Topics: Metallurgy