OTTAWA – A Canadian producer of silicon has filed a complaint accusing China of dumping and subsidizing silicon metal entering the country.
The Canadian International Trade Tribunal says it has launched an inquiry into a complaint filed by Quebec Silicon Ltd., a subsidiary of New York-based Globe Specialty Metals.
The company says it suffered harm from the alleged dumping and filed a complaint with the Canada Border Services Agency.
The tribunal could impose countervailing duties if it determines that the products “are injuring or threatening to injure” the Canadian industry.
A final ruling isn’t expected until later this year.
Duties could be applied retroactively to imports arriving after April 22, Globe Specialty Metals said in a news release.
“For years, Chinese exporters have targeted Canada and sold silicon metal at prices that decimated the market,” Globe CEO Jeff Bradley said.
“Perhaps, with actions like this, the countries and exporters who act inconsistently with trade laws will get the message that free trade must be fair trade.”
Globe Specialty Metals (Nasdaq:GSM) is among the world’s largest producers of silicon metal and silicon-based specialty alloys, which are used in industrial and consumer products, including photovoltaic solar cells and computer chips.
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