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22 December 2016, 17:12

Belarusian steel mill BMZ ready to assist Canada with antidumping investigation

MINSK, 22 December (BelTA) – The Belarusian steel mill BMZ is ready to assist the Canada Border Services Agency with carrying out an antidumping investigation. Anatoly Savenok, Director General of Belarusian Steel Works (BMZ trademark), made the relevant statement in a recent interview with the SB. Belarus Segodnya newspaper, BelTA has learned.

The BMZ Director General said: “It is difficult to predict the outcome of the investigation for now. I can only note that BMZ has declared its readiness to assist with the investigation. The Canada Border Services Agency will get answers to all the questions in addition to explanations needed to make the relevant decisions. In turn, the company will invite experienced lawyers, who will work together with specialists and entities of the company's proprietary distribution chain to take all measures to properly protect BMZ.”

According to Anatoly Savenok, the situation in Canada is similar to the situation in the European Union. “There is one small amendment: just like the USA Canada uses a very severe and often protectionist legislation with regard to antidumping. This is why the investigation will affect any country that has exported reinforcement bars to Canada in the last two years. The investigation represents an attempt of the Canadian industry to eliminate all the possible exporters except for steel mills in the USA,” remarked the executive. “BMZ will not stand alone: the investigation has been opened against certain kinds of rebars imported from Belarus, Hong Kong, Spain, Portugal, and Japan. Even the countries that have sold slightly more than 10,000 tonnes of reinforcement bars to Canada have been blacklisted.”

The investigation once again confirms that the volume of shipments is irrelevant. Even if BMZ had sold fewer rebars, Belarus would have been involved in the antidumping investigation all the same, believes the BMZ Director General.

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