Industry News

The CBSA is initiating an investigation into concerns regarding dumping of corrosion-resistant steel sheet from Türkiye by Borçelik

Views : 28
Update time : 2024-12-06 19:58:24

The Canada Border Services Agency (CBSA) announced today that it is initiating an investigation to determine whether corrosion-resistant steel sheet originating in or exported from Türkiye by Borçelik Çelik Sanayi Ticaret A.Ş. (Borçelik) is being sold at unfair prices in Canada. This practice can harm Canadian industries by undercutting Canadian prices, which undermines fair competition.

The CBSA is self-initiating this investigation, without a formal complaint from industry, as the evidence before it indicates the following:

  • lost sales
  • price depression
  • price undercutting
  • an increase in the volume of dumped imports
  • the propensity to dump
  • volatile international market conditions and the attractiveness of the Canadian market
  • impacted financial results of the domestic industry
  • the threat to continuous investments, further price depression or suppression, and product shifting

Canada’s trade remedy system is designed to ensure that imported goods are priced fairly relative to domestic products. To counteract unfair trade practices, the CBSA has the authority under the Special Import Measures Act to initiate investigations and impose trade remedy measures when there is evidence that dumping is causing or threatens to cause injury to Canadian producers.

Related News
Read More >>
UK's aluminium packaging industry at risk without improved recycling infrastructure, warns Alupro UK's aluminium packaging industry at risk without improved recycling infrastructure, warns Alupro
Dec .19.2024
UK's aluminium packaging industry at risk without improved recycling infrastructure, warns Alupro
China’s alumina price slump on SMM indicates tight supply ease and subdued demand for winter heating season China’s alumina price slump on SMM indicates tight supply ease and subdued demand for winter heating season
Dec .19.2024
China’s alumina price slump on SMM indicates tight supply ease and subdued demand for winter heating season
Aluminium ADC12 non-OEM prices remain stable w-o-w amid sluggish demand Aluminium ADC12 non-OEM prices remain stable w-o-w amid sluggish demand
Dec .19.2024
Aluminium ADC12 non-OEM prices remain stable w-o-w amid sluggish demand
Aluminum Association outlines key policy priorities for incoming US administration and Congress Aluminum Association outlines key policy priorities for incoming US administration and Congress
Dec .19.2024
Aluminum Association outlines key policy priorities for incoming US administration and Congress