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Canada initiates dumping investigation of steel imports from five countries

Finance Yahoo - The Canada Border Services Agency says it has initiated an investigation in alleged dumping of some steel imports from Taiwan, Germany, South Korea, Malaysia and Turkey.

The investigation relates to certain hot-rolled carbon steel heavy plate and high-strength low-alloy steel heavy plate.

The reasons for the investigation will be issued June 11, with a preliminary determination and potential provisional duties in force by Aug. 25 and a final determination Nov. 23.

Anti-dumping duties will be applied for an initial period of five years if the Canadian International Trade Tribunal subsequently concurs that the imports injured domestic producers.

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