Canadian Trade Tribunal Investigates Turkish Steel Dumping Allegations
The Canadian International Trade Tribunal has made a significant determination that there is a reasonable indication that the dumping of corrosion-resistant steel sheets originating from the Republic of Türkiye, specifically by Borçelik Çelik Sanayi Ticaret A.Ş., has caused injury to Canada’s domestic steel industry. This finding follows a request from the Canada Border Services Agency to investigate the issue under the Special Import Measures Act
The CITT’s inquiry represents a critical step in the investigation of the alleged dumping, which involves the importation of steel at unfairly low prices, potentially disrupting Canada’s domestic market. The Tribunal’s decision now prompts the CBSA to proceed with its investigation, which is expected to culminate in a preliminary determination by March 5, 2025.
Background of the Investigation and the Role of CITT
The investigation was initiated after the Canada Border Services Agency received a complaint concerning the potential harm caused by the importation of corrosion-resistant steel from Turkey. Dumping is defined as the sale of products in a foreign market at a price lower than the price in the domestic market of the exporter or below the cost of production.
As part of the investigative process, the CBSA examines whether dumped imports have caused or threaten to cause injury to Canadian manufacturers. The CBSA's assessment includes reviewing market conditions, such as price levels and demand, to determine the effects of the imported goods on domestic producers.
Next Steps and Timeline for Preliminary Determination
The CITT’s inquiry is a pivotal step, but the final outcome of the case depends on the continued investigation by the CBSA. The CBSA is expected to issue its preliminary determination on the case by March 5, 2025. This determination will assess whether the imports of corrosion-resistant steel from Turkey are indeed being dumped and whether they are causing injury to Canadian industry.
If the CBSA confirms that dumping is taking place, the Canadian government may decide to impose anti-dumping duties on the affected products to level the playing field for domestic manufacturers. These duties would aim to bring the price of imported steel closer to the fair market value, helping Canadian producers remain competitive.
