U.S. dismisses allegations of unfair trade against two Quebec steel makers
by CPStaff
The U.S. Department of Commerce reached a “negative preliminary determination'' regarding allegations that the two companies sold their products in the United States at unfair prices
WASHINGTON – The United States says it won’t be levying anti-dumping duties on imported fabricated steel from two Quebec companies.
The U.S. Department of Commerce investigated Canatal Industries, Inc. of Thetford Mines, Que., and Les Constructions Beauce-Atlas Inc. of Ste-Marie, Que., in response to a petition filed on behalf of American steel producers.
However, the department announced Wednesday that it had reached a “negative preliminary determination” regarding allegations that the Canadian companies sold their products in the United States at unfair prices.
In contrast, the department said it reached “affirmative preliminary determinations” of unfair pricing on imported fabricated steel from China and Mexico.
As a result, U.S. border agents will begin to collect cash deposits of up to 141.38 per cent on certain imports of fabricated steel from China and up to 30.58 per cent on certain imports of fabricated steel from Mexico.
The U.S. Commerce department will issue its final determinations in January 2020. If they remain affirmative, the next step would be for the U.S. International Trade Commission to determine the extent that U.S. companies have been injured.
