Oil country tubular goods are produced at a steel manufacturer in Ba Ria-Vung Tau Province. The Canada Border Services Agency starts an anti-dumping investigation on the products imported from Viet Nam, and eight other nations and territories. — Photo thesaigontimes.vn

HA NOI (Biz Hub) — The Canada Border Services Agency (CBSA) on July 21 announced the start of anti-dumping investigation of oil country tubular goods imported from nine countries and territories.

These countries include Viet Nam, Taiwan and South Korea.

The CBSA also initiated anti-subsidy investigation of these products from the same nations and territories, except Taiwan.

The investigations are being made after Tenaris Canada of Calgary, Alberta, and Evraz North America Inc. of Regina, Saskatchewan, alleged that the dumping of these goods and the subsidies they get are harming Canadian production. They said that it has caused price depression and suppression, loss in sales and market share, loss of employment, reduced profits, reduced capacity utilisation and negative effects on capital investments.

The Canadian International Trade Tribunal will begin a preliminary inquiry to determine whether the imports are harming Canadian producers and will make a decision by September 19, 2014. While the tribunal examines the question of loss, the CBSA will investigate whether the imports are being dumped and/or subsidised, and will make its preliminary decision by October 20, 2014.

According to the Vietnam Competition Authority under the Ministry of Industry and Trade, it is the first time that a Vietnamese product has faced an anti-dumping lawsuit in Canada.

Earlier, the United States Department of Commerce (DOC) on July 11 decided to levy anti-dumping duty on Vietnamese oil country tubular goods. — VNS