OTTAWA, ON, May 3, 2024 /CNW/ - The Canada Border Services Agency (CBSA) is committed to protecting the Canadian economy and jobs by ensuring a fair playing field when faced with international competition. 

The CBSA announced today that it is launching an investigation to determine whether certain concrete reinforcing bar from Bulgaria, Thailand, and the United Arab Emirates is being sold at unfair prices in Canada.

The investigation is the result of a complaint filed with the CBSA by AltaSteel Inc. (Edmonton, AB), ArcelorMittal Long Products Canada, G.P. (Contrecoeur, QC) and Gerdau Ameristeel Corporation (Whitby, ON) and is supported by Max Aicher North America Ltd. (Hamilton, ON) and Ivaco Rolling Mills 2004 LP (L'Original, ON). The complainants allege that as a result of an increase in volume of the dumped imports from these countries, they have suffered material injury in the form of lost market share, lost sales, price undercutting, price depression, price suppression, as well as a negative impact on capacity utilization, and financial performance. 

The CBSA and the Canadian International Trade Tribunal (CITT) both play a role in the investigation. The CITT will begin a preliminary inquiry to determine whether the imports are harming Canadian producers and will issue a decision by July 2, 2024. Concurrently, the CBSA will investigate whether the imports are being sold in Canada at unfair prices, and will make a preliminary decision by August 1, 2024.

Currently, there are 150 special import measures in force in Canada, covering a wide variety of industrial and consumer products, from steel products to refined sugar. These measures have directly helped to protect approximately 30,000 Canadian jobs and $11 billion in Canadian production.

• The subject goods are certain concrete reinforcing bar (commonly known as rebar). For more product information, please refer to the CBSA's Anti-dumping and countervailing webpage.
• The Canadian market for concrete reinforcing bar has been estimated to be over $1 billion annually.
• There are currently 4 other special import measures in place on concrete reinforcing bar from:
  • China, South Korea, and Türkiye (Rebar 1)
  • Belarus, Chinese Taipei, Hong Kong, Japan, Portugal, and Spain (Rebar 2)
  • Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore, and Vietnam (Rebar 3)
  • Oman and Russia (Rebar 4)
• A statement of reasons, with additional details about the investigation, will be available on the CBSA's website within 15 days from the date the investigation is launched.

• Special Import Measures Act (SIMA) investigative process and timeframes
• Overview of Canada's anti-dumping and countervailing investigative processes
• Anti-dumping and Countervailing
• Canadian International Trade Tribunal

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SOURCE Canada Border Services Agency