3 December 1998

Investigation on certain hot-rolled carbon steel sheet

Revenue Canada announced today that is has started a dumping investigation into certain flat hot-rolled carbon and alloy steel sheet strip, including secondary or non-prime material, originating in or exported from France, Romania, the Russian Federation and the Slovak Republic, in various widths from 3/4"
(19 mm) and wider, and

(a) for product in coil form, in thicknesses from 0.054" to 0.625" (1.37 mm to 15.88 mm) inclusive,
(b) for product that is cut-to-length, in thicknesses from 0.054" up to but not including 0.187" (1.52 mm up to but not including 4.75mm), excluding flat-rolled stainless steel sheet and strip.

The investigation follows a complaint filed by Stelco Inc., of Hamilton, Ontario. Stelco alleges that the dumping of the steel products has resulted in loss of market share, price suppression and erosion and reduced profitability, among other factors. Revenue Canada expects to reach a preliminary decision on this matter within 90 days.