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C$5.18 0.2  3.6%

Last Trade - 21/11/17

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £797.0m
Position in Universe th / 2712

U.S. says producers harmed by groundwood paper imports from Canada

Fri 22nd September, 2017 4:04pm
WASHINGTON, Sept 22 (Reuters) - The U.S. International Trade 
Commission said on Friday it had made a preliminary finding that 
imports of uncoated groundwood paper from Canada were harming 
U.S. producers. 
    The decision follows an Aug. 30 announcement by the Commerce 
Department that it was investigating whether the product used in 
newspapers is being dumped in the United States, and whether 
Canadian producers are receiving unfair subsidies. In 2016, 
imports of uncoated groundwood paper from Canada were valued at 
an estimated $1.27 billion, it said. 
    The antidumping and countervailing duty investigations were 
initiated after a complaint from North Pacific Paper Company LLC 
of Longview, Washington, which alleged estimated dumping margins 
ranging from 23.45 percent to 54.97 percent. 
 
 (Reporting by Tim Ahmann; Writing by Eric Walsh; Editing by 
Susan Heavey) 
 ((tim.ahmann@thomsonreuters.com; +1 202 898-8370; Reuters 
Messaging: tim.ahmann.reuters.com@reuters.ne)) 
 
Keywords: USA CANADA/PAPER
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