No further anti-dumping duties on Saudi steel imports

The Trade and Industry Ministry will not impose anti-dumping duties on Saudi steel imports, and will not investigate allegations that KSA is dumping its products in Egypt, head of the ministry’s anti-dumping department Ibrahim Al Segeny tells Al Mal. Anti-dumping tariffs are only imposed on Turkish, Chinese, and Ukrainian steel, El Segeny noted. Local steel manufacturers had called earlier this month for further anti-dumping duties on steel imports amid fears that Saudi, Omani and Greek steel exporters may flood the market.