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The CBSA launches investigations into silicon metal from several countries

ID: 1487773

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 02/20/17 -- Canada Border Services Agency

The Canada Border Services Agency (CBSA) announced today that it is launching an investigation into whether or not certain silicon metal originating in or exported from the Federative Republic of Brazil (Brazil), the Republic of Kazakhstan (Kazakhstan), Lao People''s Democratic Republic, Malaysia, the Kingdom of Norway (Norway), the Russian Federation and the Kingdom of Thailand (Thailand) is being sold at unfair prices in Canada. It will also investigate whether or not subsidies are being applied to certain silicon metal originating in or exported from Brazil, Kazakhstan, Malaysia, Norway and Thailand.

The investigations are the result of a complaint filed by Quebec Silicon Limited Partnership and QSIP Canada ULC (collectively, "Quebec Silicon"), from Becancour, Quebec. The complainant alleges that as a result of price undercutting from the subject countries, Quebec Silicon faces lost revenue and market share, resulting in reduced production and employment.

Currently, there are 52 special import 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. Of note, there is currently a special import measure in place since October 2013 on silicon metal from China.

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Bereitgestellt von Benutzer: Marketwired
Datum: 20.02.2017 - 13:00 Uhr
Sprache: Deutsch
News-ID 1487773
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