OTTAWA, March 29, 2016 /CNW/ - The Canadian Steel Producers Association (CSPA) welcomes today's finding by the Canadian International Trade Tribunal (CITT) that dumped and subsidized imports of line pipe products from the Peoples Republic of China have caused injury to the Canadian domestic industry.
As a result of this important finding, significant anti-dumping duties of up to 351.4% will be in place for the next five years on certain line pipe products originating in or exported from China. The ruling does not apply to or prevent the import of line pipe from other jurisdictions.
The CITT's finding follows an investigation conducted by the Canada Border Services Agency (CBSA) that found that non-market economy conditions exist in the Chinese steel pipe and tube sector. This determination demonstrates that Chinese government entities continue to play a prominent role in the Chinese economy and validates the ongoing need for Canada's trade remedy system to include specific provisions that allow dumping from non-market economies to be addressed effectively.
The CSPA and its member companies believe in fair and effective enforcement of trade remedy laws which support Canada's ability to quickly respond to dumped and subsidized imports. In light of the increased volume of unfairly traded goods entering the Canadian market, the CSPA views inquiries like the one as critical to ensuring our member companies and their employees are able to compete fairly in the global market. Domestic production of line pipe is a vital component of the national energy supply chain and today's ruling is a significant win for the middle-class Canadians employed in this sector.
The Canadian Steel Producers Association (CSPA) is the national voice of Canada's $14B steel industry. Our member companies annually produce approximately 13 million tonnes of primary steel as well as over 1 million tonnes of steel pipe and tube products in facilities located across Canada. Domestic steel operations directly employ some 22,000 Canadians while supporting an additional 100,000 indirect jobs
SOURCE Canadian Steel Producers Association
For further information: Media Contact: Joseph Galimberti, President, Canadian Steel Producers Association, 613-238-6049