Saudi Arabia steel authority calls for urgent action against dumped imports

Saudi Arabia’s National Committee for Steel Industry (NCSI) called on Tuesday March 27 for urgent action to be taken against imports being dumped into the country, specifically by raising import duties.

The committee pointed out that the country may be exposed to more steel imports after the imposition of Section 232 import tariffs in the United States, because countries with overcapacities will now target their exports toward unprotected markets such as Saudi Arabia.
US President Donald Trump’s decision on tariffs is not expected to have any significantly adverse direct effect on Saudi Arabia’s steel and aluminium exports to the US, given their limited volume of around 150,000 tonnes in 2017. This applies particularly to seamless steel pipe, galvanized steel and pre-painted steel coils, the committee said.

Saudi...

Published

Serife Durmus

March 28, 2018

15:10 GMT

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