Sunday, June 2, 2024 8:17:01 PM - Markets open
VN-INDEX 1,261.72 -4.60/-0.36%
HNX-INDEX 243.09 -0.92/-0.38%
UPCOM-INDEX 95.88 +0.08/+0.08%
Canada investigates Vietnam’s carbon steel welded pipe
vietnamplus.vn - 7/24/2018 9:30:09 AM
 (0 ratings. You must sign in to rate.)
The Canada Border Services Agency (CBSA) has launched an investigation into whether or not carbon steel welded pipes from Vietnam, the Philippines, Pakistan, and Turkey are being sold at unfair prices in the northern American country.
 
Investigated items are identified as standard pipes, in the nominal size range from 12.7 mm to 168.3 mm in outside diameter.
 
The investigation has been made following a complaint filed by Novamerican Steel Inc in Montreal, Quebec. The firm alleges that as a result of price undercutting from those four countries, Canadian industry faces price suppression, and lost sales.
 
The CBSA and the Canadian International Trade Tribunal (CITT) involve in the investigation, with the CITT beginning preliminary inquiry to determine whether the imports are harming Canadian producers. CITT will issue decision on September 18 while the CBSA will give its preliminary decision one month later.
 
Currently, Canada is applying 101 special import measures, covering a wide variety of industrial and consumer products, from steel products to refined sugar. 
 
Last year, the steel industry employed more than 23,000 Canadians, and contributed 4.2 billion CAD to the economy.-VNA
 
Read original article here
Newer News
27/05 MoIT to step up talks on new FTAs
25/05 Criteria for assessing FDI announced
25/05 VN’s automobile industry still faces challenges in implementing FTAs
13/05 Việt Nam's wood industry strives to match sustainable wood demands
13/05 Việt Nam's data centre sector is attractive to foreign investors
13/05 Businesses and people expect VAT cut extension to be approved
13/05 VN ranks second in the world in cryptocurrency ownership rankings
08/05 Enterprises urge petrol price stabilisation fund to be abolished
06/05 Việt Nam leads in export rice prices globally
02/05 CPI in April inches up 0.07%
Older News
18/07 Standard Chartered revises up Vietnam’s 2018 growth forecast to 7 percent
17/07 Over 57 pct of construction firms expected to perform better in Q3
16/07 Steel production up 7 percent in 6 months
13/07 Foreign e-comerce firms accept losses in VN
13/07 Vietnam can gain from the US-China trade war: Economist
12/07 Impressive Q2 growth, but risks still abound
11/07 Domestic firms surpass FDI sector in export growth
11/07 Vietnam’s automobile sales drop 6 percent in first half
06/07 20 items earn more than 1 billion USD in export revenue in H1
06/07 Ministry releases anti-dumping duties for import stainless steel products
 
Newsletter Signup
Top Stories
VN adds over 110,000 new securities accounts in April, bringing total to 7.7 million
Cautious rise amid low supply and cash flow, investors advised to monitor resistance area
Interest rates to rise but not have major impact on stock market: economist
Businesses concerned about rising exchange rate pressure
Gold bar auction to be resumed after 11 years of suspension
Market Update
Last updated at 3:05:01 PM
VN-INDEX 1,261.72 -4.60/-0.36%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.