Canadian International Trade Tribunal Issues Findings: Oil Country Tubular Goods From China
26/03/2010 12:00
OTTAWA, ONTARIO--(Marketwire - March 23, 2010) - The Canadian International Trade Tribunal (the Tribunal) today found that the dumping and subsidizing of oil country tubular goods from China that are coupling stock had not caused injury or retardation and were not threatening to cause injury to the domestic industry; anti-dumping and countervailing duties will therefore not be collected by the Canada Border Services Agency (CBSA) on these goods. The Tribunal also found that the dumping and subsidizing of oil country tubular goods from China that are casing and tubing had caused injury to the domestic industry; anti-dumping duties and countervailing will therefore be collected by the CBSA on these goods. The Tribunal excluded pup-joints, welded or seamless, heat-treated or not heat-treated, in lengths of up to 3.66 m (12 feet), from its injury finding.
The complainants in this case were Evraz Inc. NA Canada of Regina, Saskatchewan, Lakeside Steel Corporation of Welland, Ontario, and Tenaris Canada (including Prudential Steel Inc., Tenaris Global Services [Canada] Inc. and Tenaris Algoma Tubes) of Calgary, Alberta.
The Tribunal will issue the reasons for its findings on April 7, 2010.
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.
Mar 23, 2010 16:30 ET
Source: www.marketwire.com
Source: www.marketwire.com
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