Canada says VN’s cold-rolled steel causes injury to its steel industry
A Canadian trade body has made a preliminary ruling that imports of cold-rolled steel from Vietnam, China and the Republic of Korea are harming the domestic industry.
A factory of the NS BlueScope Co. Ltd (Photo: VNA)
Ottawa (VNA) – A Canadian tradebody has made a preliminary ruling that imports of cold-rolled steel fromVietnam, China and the Republic of Korea are harming the domestic industry.
The Canadian International Trade Tribunal(CITT) issued the determination on July 24, based on the results ofinvestigations into possible dumping and subsidizing by the Canada BorderServices Agency (CBSA).
The CITT looked into evidence presented by theCBSA to determine if dumping and subsidising of cold-reduced flat‑rolled sheetproducts of carbon steel, in coils or cut lengths, originating in or exportedfrom China, the Republic of Korea and Vietnam caused injury or are threateningto cause injury to the domestic industry.
Meanwhile, the CBSA will continue itsinvestigations and issue preliminary determinations by August 20.
Aside from cold-rolled steel, the CITT and the CBSAare also investigating some carbon steel welded pipe products from Vietnam, thePhilippines, Pakistan and Turkey, following a complaint filed by NovamericanSteel Inc. of Montréal, Quebec.
Canada has launched various anti-dumping andsubsidy probes into steel imports to protect jobs and the interests of thedomestic steel industry in the context of Canadian aluminum and steel facingtariffs in the US.
At present, the country is taking 101 specialimport measures, covering a wide variety of industrial and consumer products, aimingto protect Canadian jobs and the economy.
In 2017, its steel industry employed more than 23,000 Canadiansand contributed 4.2 billion CAD (nearly 3.2 billion USD) to the country'sgross domestic product. Meanwhile, the aluminum industry employed10,500 workers and contributed 4.7 billion CAD to theeconomy.-VNA
The Ministry of Industry and Trade (MoIT) is working with steel businesses to handle procedures required by the US Department of Commerce (DoC) to seek exemption from duties by proving their products are not made from Chinese materials.
Vietnamese steel producers should follow laws and requirements on origin when exporting their products to the United States, suggested Ho Nghia Dung, Chairman of the Vietnam Steel Association.
Some US steel producers have lodged a request to the DOC to ask for investigations into avoidance of paying anti-dumping tax, anti-subsidy tax on corrosion-resistant carbon steel imported from Vietnam
Improving competitive capacity to expand export markets and understanding of international trade regulations are significant for Vietnamese steel firms to respond to trade defence lawsuits in the context of growing protectionism, said Chairman of Vietnam Steel Association (VSA) Ho Nghia Dung.
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A factory of the NS BlueScope Co. Ltd (Photo: VNA) 
