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To: craig crawford who wrote (222)6/13/2001 5:28:04 PM
From: craig crawford  Respond to of 1643
 
Canada Imposes Dumping
Duties on Hot-Rolled Sheet
metalcenternews.com

The Canada Customs and Revenue Agency determined April 19 that 99.6 percent of the hot-rolled steel sheet imports from Brazil, Bulgaria, China, India, Macedonia, New Zealand, Saudi Arabia, South Africa, South Korea, Chinese Taipei, Ukraine and Yugoslvia are being dumped at margins as high as 49 percent.

The CCRA terminated an investigation covering the same goods from Thailand, on the basis that none of the product imported during the period of investigation was dumped. The agency also determined a countervailable subsidy on imports from India averaging $63 per metric ton.

The CCRA imposed provisional dumping duties ranging from 5.1 to 96 percent of the export price, and provisional countervail duties ranging from $38 to $246 per metric ton on subsidized imports from India.

The complaint that resulted in the CCRA investigation was filed by Algoma Steel Inc. and supported by other Canadian hot-rolled sheet producers.