The following is excerpted from a 21 January 2013 news release by Canada Border Services Agency.
The Canada Border Services Agency (CBSA) announced today that it is initiating investigations into the alleged injurious dumping of certain galvanized steel wire from the People's Republic of China, the State of Israel, and the Kingdom of Spain, and the alleged injurious subsidizing of certain galvanized steel wire from the People's Republic of China.
The investigations follow a complaint filed by Tree Island Steel Ltd. of Richmond, British Columbia. The complainant alleges that the dumping and subsidizing of these goods are harming Canadian production by causing the following: loss of market share, loss of sales, price erosion, declining capacity utilization, reduction in employment, and declining revenues, margins, and profits.
This release is available in its entirety at:
http://www.cbsa-asfc.gc.ca/media/antidumping/2013/2013-01-21-eng.html
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Canada Border Services Agency (CBSA)
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