Canada Reviews Expiring Anti-Dumping Duties On Hot Rolled Steel Sheet Imports.

Canada has decided that hot-rolled steel sheet anti-dumping duties and countervailing duties are still needed for Brazil, China, Chinese Taipei, India and Ukraine. The Canada Border Services Agency (CBSA) has determined that these duties should not expire on steel sheet originating on or exported from Brazil, China, Chinese Taipei, India and Ukraine as these countries are likely to continue or resume dumping goods. However, CBSA feels that if the duties expire on hot-rolled steel sheet originating on or exported from South Africa, this country is unlikely to continue or resume dumping the goods.

The Tribunal is now conducting an expiry review to determine if the removal of these duties on Brazil, China, Chinese Taipei, India and Ukraine will harm the Canadian industry. As the Tribunal considers South Africa as harmless to its industry, the Tribunal will not count South Africa’s goods in the potential harm to the Canadian industry. Furthermore, anti-dumping duties will be removed from imports from South Africa.

If the Tribunal does find that there could be harm to the Canadian industry, the duties for Brazil, China, Chinese Taipei, India and Ukraine will be continued without amendment. If the Tribunal does not find cause, the orders for hot-rolled steel sheet will be rescinded and anti-dumping duties will no longer be levied on imports from the countries in question. The final decision will be issued no later than August 15, 2011.

Source : steelmarketupdate.com