MB STEEL TUBE & PIPE: GCC could impose import tax on OCTG from China in 2018

Imports of certain Chinese seamless pipes could be subject to anti-dumping duties in Gulf Co-operation Council (GCC) nations by the second quarter of 2018.

According to participants at the 11th International Metal Bulletin Tube & Pipe Conference in Abu Dhabi, import duties could be imposed as early as the first half of 2018. “[At] a hearing in October [we expect a decision on] provisional anti-dumping duties,” Zeyad Al Barrak, ceo of the Saudi Arabian pipemaker Jesco said at the conference on Tuesday September 12. “Our expectation is that the final decision will be made by the first or second quarter of 2018,” he added. The products covered in the investigation are non-welded oil country tubular goods (OCTG) made of iron or steel with a radius under 16 inches, according to the UAE’s state-run Emirates News Agency (WAM). The pipes conform to American Petroleum Institute (API) standards. GCC countries – which comprise Saudi Arabia, Kuwait, the UAE, Qatar, Bahrain, and Oman – unanimously approved the investigation earlier...

Published

Lee Allen

September 14, 2017

13:19 GMT

Abu Dhabi