Ottawa, October 7th, 2024 – OTTAWA, ON – The Canadian International Trade Tribunal (CITT) has found that imports of hot-rolled wire rod of carbon steel and alloy steel of circular cross section originating from China, Egypt and Vietnam were dumped in Canada and has caused injury to the domestic industry. This finding follows the final determination by Canada Border Services Agency (CBSA) on September 4th.
“The Canadian steel industry welcomes the latest finding by the CITT. Once again, another trade case reminds us of the importance of a strong trade remedy system to defend our national steel industry” said Catherine Cobden, President and CEO of the Canadian Steel Producers Association (CSPA).
This is the 31st case of antidumping and countervailing duties on steel entering Canada out of the 50 findings in place by the CITT. “The Canadian steel industry is by far the largest user of the trade remedy system as we face significant and increasing excess steel capacity.” added Ms. Cobden. “We need to stay vigilant and use all tools available to fight unfair trade as more and more exporters will search for loopholes to exploit,” said Ms. Cobden.
Ms. Cobden also highlighted that this latest case brings a total of 18 trade active findings against Chinese steel in Canada proving again that Canada was right to impose Section 53 tariffs of 25% on all Chinese steel products entering the country. “Across the board, we witness a bad trade actor that clearly doesn’t change its behaviour, case after case. These tariffs were fully justified.”
L’Association canadienne des producteurs d’acier (ACPA) est la porte-parole nationale de l’industrie sidérurgique canadienne et de certains des plus importants consommateurs d’acier du pays. Nos 17 membres fournissent des matériaux essentiels à des secteurs comme l’automobile, l’énergie, la construction et le transport, contribuant ainsi à la création d’emplois, à la croissance économique et à la résilience des chaînes d’approvisionnement. Une industrie sidérurgique nationale forte est essentielle à la souveraineté économique du Canada, car elle garantit un accès fiable aux matériaux indispensables pour nos infrastructures, nos industries stratégiques et pour notre résilience nationale.
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