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On February 3, 2006, the Canada Border Services Agency (CBSA) concluded a review of the normal values and export prices of certain hot-rolled steel products from a number of countries including the Russian Federation. The CBSA has determined normal values for JSC Severstal on the basis prices and costs in the Russian market thereby Canadian party has for the first time implemented market economy status of the Russian steel industry, which was granted de jure as long ago as 1999.
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