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GCC Launches Anti-Dumping Probe against Chinese Seamless Steel Pipes

Posted by: Time:2017.05.10 20:07

Albawaba reported that the Gulf Cooperation Council has begun an anti-dumping investigation covering non-welded pipe imports from China used for oil and gas exploration. The investigation was announced by Khalifa bin Said Al-Abri, assistant secretary-general, economic and development affairs following recommendations from the Office of the Technical Secretariat. It includes iron and steel pipes with a radius not exceeding 16 inches.

As per report “GCC countries are strengthening laws and actively investigating offenders to protect new and growing industries from a flood of cheap imports as part of wider efforts to diversify their economies by establishing robust industrial platforms.”

The investigation follows an anti-dumping law proposal from the UAE’s government advisory council in January to protect industry in the country from foreign goods flooding the market. GCC countries have traditionally kept steel tariffs low to support the construction sector.

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