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Following a complaint from Tenaris Algoma Tubes and affiliated companies, Canada Border Services Agency announced Wednesday that it's investigating possible injurious dumping of oil country tubular goods from Austria.
"The complainant alleges that they are facing an increase in the volume of subject imports, price depression and suppression, loss of sales, price undercutting, loss of market share, underutilization of capacity, reduced employment, as well as negative impacts on financial performance, ability to raise capital, and return on investment," Border Services said in a news release.
Canadian International Trade Tribunal (CITT) is also involved.
CITT will conduct a preliminary injury inquiry to find out if Canadian producers are being harmed by the Austrian imports.