Wednesday, September 22, 2010

Canadian International Trade Tribunal Looks at Imports of Chinese Steel Grating

(Canadian Press)

A Canadian trade body is looking at whether imports of steel grating from China have been illegally subsidized and are hurting the Canadian steel industry. The Canadian International Trade Tribunal announced Tuesday it has begun a preliminary injury inquiry into a complaint by Fisher & Ludlow of Burlington, Ont., that it has been hurt by dumping and subsidizing of Chinese steel.

The tribunal is expected to issue a preliminary ruling on the complaint by Dec. 20. If a final ruling affirms the complaint and finds that Canadian companies have been hurt, the federal government can impose anti-dumping and anti-subsidy duties. Dumping occurs when a product is sold below fair-market value in the target country. Read more here.