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The CBSA Launches Investigations Into Fabricated Industrial Steel Components from Several Countries

ID: 1457583

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 09/12/16 -- Canada Border Services Agency

The Canada Border Services Agency (CBSA) announced today that it is launching an investigation on whether certain fabricated industrial steel components originating in or exported from the People''s Republic of China (China), the Republic of Korea, Spain, the United Arab Emirates and the United Kingdom are being sold at unfair prices into Canada. It will also investigate whether or not subsidies are being applied to fabricated industrial steel components from China in contravention of the Special Import Measures Act (SIMA).

The investigations are the result of a complaint filed by Supermetal Structures Inc. (Levis, Quebec), Supreme Group LP (Edmonton, Alberta) and Waiward Steel LP (Edmonton, Alberta). The complainants allege that as a result of price undercutting from the subject countries, Canadian producers face lost revenue and market share, resulting in reduced production and employment.

Currently, there are 48 SIMA measures in force, covering a wide variety of industrial and consumer products from steel products to refined sugar. These measures have directly helped to protect the Canadian economy and jobs in Canada.

Quick Facts

- Fabricated industrial steel components consist of the structural components that have been designed to fit into a particular structure, for use in the oil and gas or mining industries. Examples include the beams and columns that form the skeleton of a building or a conveyor structure, or plate-works used in process tanks or duct work.

- The CBSA and the (CITT) both play a role in investigations. The CITT will begin a preliminary inquiry to determine whether the imports are harming the Canadian producers and will issue a decision by November 11, 2016.

- Concurrently, the CBSA will investigate whether the imports are being sold in Canada at unfair and/or subsidized prices, and will make preliminary decisions by December 12, 2016.





- More details about these investigations will be available on the CBSA website at within the next 15 days.

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Canada Border Services Agency
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613-957-6500

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Bereitgestellt von Benutzer: Marketwired
Datum: 12.09.2016 - 12:30 Uhr
Sprache: Deutsch
News-ID 1457583
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