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Large Diameter Carbon and Alloy Steel Line Pipe from China and Japan

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Large Diameter Carbon and Alloy Steel Line Pipe from China and Japan A-272 A-272 CANADA BORDER SERVICES AGENCY NON-CONFIDENTIAL COMPLAINT The Dumping and Subsidizing of Certain Welded Large Diameter Carbon and Alloy Steel Line Pipe Originating in or Exported from The People's Republic of China and the Dumping of Certain Welded Large Diameter Carbon and Alloy Steel Line Pipe Originating in or Exported from Japan Submitted By: EVRAZ Inc. NA Canada February 5, 2016 CASSIDY LEVY KENT (CANADA) LLP Suite 1470, 55 Metcalfe Street Ottawa, Ontario KIP 6L5 Tel: (613)368-4170 Fax: (613) 368-4171 Christopher J. Kent Christopher J. Cochlin Christopher R.N. McLeod Michael Milne Hugh Seong Seok Lee Susana May Yon Lee Solicitors for EVRAZ Inc. NA Canada NON-CONFIDENTIAL Table of Contents 1. Identification of the Complainant ........................................................................................ ! 2. Imported Goods ..................................................................................................................... 2 A. Product Description .......................................................................................................... 2 B. Product Characteristics and Product Use .......................................................................... 2 C. Production Process ............................................................................................................ 4 D. Tariff Classification .......................................................................................................... 7 E. Countries of Export ........................................................................................................... 7 F. Known Exporters .............................................................................................................. 7 G. Known Canadian Importers .............................................................................................. 9 H. Marketing and Distribution ............................................................................................... 9 3. Domestic Like Goods ........................................................................................................... ! 0 4. Single Class of Like Goods .................................................................................................. ! I s. The Canadian Industry ....................................................................................................... 11 6. Dumping ............................................................................................................................... 11 A. Introduction ..................................................................................................................... I I B. Section I9 Nonnal Value Analysis ................................................................................. I2 I. China ............................................................................................................................... I2 11. Japan ............................................................................................................................... I4 c. Section 20 Nonnal Value Analysis ................................................................................. l6 I. China as a Non-Market Economy ................................................................................... I 6 ii. Surrogate Nonnal Value ................................................................................................. 28 D. Export Price .................................................................................................................... 29 NON-CONFIDENTIAL E. Margins of Dumping ....................................................................................................... 30 7. Subsidization ........................................................................................................................ 31 8. Demonstrating lnjury .......................................................................................................... 31 A. Injury ............................................................................................................................... } I l. Volume Effects of Dumped and Subsidized Imports ..................................................... 32 11. Undercutting, Depression and Suppression ofPrices ..................................................... 33 lll. Impact of Subject Goods on the State of the Domestic lndustry .................................... 36 IV. Additional Evidence of Causation: Account-Specific Allegations ................................. 39 v. Summary ......................................................................................................................... 39 B. Threat of Injury .............................................................................................................. .40 l. Significant Rate of Increase in Imports of Subject Goods ............................................ .41 11. The Domestic Industry Currently is Particularly Vulnerable to Imports of Subject Goods . ....................................................................................................................................... 43 111. Japan and China have Freely Disposable and Growing Capacity, which will Encourage Exports of Dumped and Subsidized Goods to Canada ......................................................... .46 iv. Market Conditions will Encourage Increased Exports to Canada .................................. 51 v. The Government of China and Japan Actively Encourage Exports of Dumped and Subsidized Subject Goods to Relieve Excess Capacity ......................................................... 51 vi. Potential Impact of the Subject Goods on the Prices of the Like Goods ........................ 58 vii. The Imposition of Antidumping or Countervailing Measures by the Authorities of a Country other than Canada ....... , ............................................................................................ 59 viii. The Magnitude of the Dumping and Subsidization ........................................................ 61 ix. Conclusion ...................................................................................................................... 62 9. Conclusion ............................................................................................................................ 62 1. Introduction: Line Pipe from China is Subsidized ........................................................... 64 2. Provision of Goods and Services at Less Than Fair Market Value by the GOC ........... 66 11 NON-CONFIDENTIAL A. Provision of Goods and Services, and Purchase of Goods by the State-owned enterprises ("SOEs") at Less Than Fair Market Value ................................................................................ 66 1. Provision of Steel Inputs by the SOEs at Less than Fair Market Value ......................... 69 B. Provision of Land and/or Land Use Rights for Less Than Adequate Remuneration ..... 72 ii. Provision of Land for Less Than Adequate Remuneration Within the Economic and Technology Development Zone for Less Than Adequate Remuneration ............................. 72 iii. Provision of Land for Less Than Adequate Remuneration by Jiangsu Province ........... 74 iv. Provision of Land tor Less Than Adequate Remuneration within the Wuxi High-tech Development Zone ................................................................................................................. 75 C. Provision of Electricity at Less Than Fair Market Value ............................................... 76 D. Provision of Government Assets at Less Than Fair Market Value through Privatization . ........................................................................................................................................ 78 3. Preferential Loans Provided by the GOC and State-owned Banks ("S0Bs") ............... 80 A. Preferential Loans and Financing Provided by the GOC through the SOBs .................. SO B. Export Seller's Credit Provided by the Export-Import Bank of China .......................... 85 C. Export Buyer's Credit Provided by the Export-Import Bank ofChina .......................... 87 D. Import Credit Provided by the Export-Import Bank ofChina ........................................ 88 E. Onlending Support Provided by the Export-Import Bank of China through Loan Guarantees or Loan Repayment.. ............................................................................................... 89 F. Trade Financing Services Provided by the Export-Import Bank ofChina ..................... 90 G. Preferential Loans and Other Financial Services Provided by the Export-Import Bank "Going-out" for Outbound Investments .................................................................................... 91 H. Discounted Loans for Export-oriented Enterprises ........................................................ 93 4. Preferential Export Guarantee and Insurance Provided by the GOC ........................... 94 A. Export Guarantees Provided by the GOC ....................................................................... 94 B. Preferential Export Credit Insurance Provided by the China Export and Credit Insurance Corporation, Including Grants Provided by the GOC to Cover Export Credit Insurance Fees.95 111 NON-CONFIDENTIAL 5. Debt-to-equity Swaps by China's Asset Management Companies ................................. 98 6. Debt Forgiveness by the GOC .........................................................................................
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