|By Marketwired .||
|June 16, 2014 01:30 PM EDT||
OTTAWA, ONTARIO -- (Marketwired) -- 06/16/14 -- The Canadian International Trade Tribunal today initiated a preliminary injury inquiry into a complaint by Alta Steel Inc. of Edmonton, Alberta, ArcelorMittal LCNA of Contrecoeur, Quebec, and Gerdau Longsteel North America of Whitby, Ontario, that they have suffered injury as a result of the dumping and subsidizing of concrete reinforcing bar from the People's Republic of China, the Republic of Korea and the Republic of Turkey. The Tribunal's inquiry is conducted pursuant to the Special Import Measures Act as a result of the initiation of dumping and subsidizing investigations by the Canada Border Services Agency (CBSA).
On August 12, 2014, the Tribunal will determine whether there is a reasonable indication that the alleged dumping and subsidizing have injured the domestic industry. If so, the CBSA will continue its investigations and, by September 11, 2014, will issue preliminary determinations. If these preliminary determinations indicate that there has been dumping or subsidizing, the CBSA will then continue its investigations and, concurrently, the Tribunal will initiate a final injury inquiry. Anti-dumping and/or countervailing duties will be imposed only if the Tribunal finds that dumped or subsidized products are injuring or threatening to injure the Canadian producers.
The Tribunal is an independent quasi-judicial body that reports to Parliament through the Minister of Finance. It hears cases on dumped and subsidized imports, safeguard complaints, complaints about federal government procurement and appeals of customs and excise tax rulings. When requested by the federal government, the Tribunal also provides advice on other economic, trade and tariff matters.
Any interested person, association or government that wishes to participate in the Tribunal's inquiry may do so by filing a Notice of Participation.
For more information, visit www.citt-tcce.gc.ca/new/index_e.asp
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