GCC made a preliminary ruling on the China’s seamless steel pipe anti-dumping case

On December 5, 2017, the Gulf Cooperation Council (GCC) Secretariat of International Trade Against Harmfulness announced that on the preliminary ruling on the anti-dumping case of seamless iron pipe and steel pipe products.

The preliminary ruling ruled that the tax rates of the relevant enterprises were Tianjin Steel Pipe 33.5%, Anhui Tianda 30.5%, Valin 95.4%, cooperative enterprises 38.5%, other corporate tax 103%.

The announcement said, although the preliminary determination of the existence of dumping, dumping caused substantial damage to the Gulf industry, in view of the Gulf industry through long-term bidding according to demand and sales of the nature of the industry to produce, even if not imposed more than 4-6 months Temporary tax anti-dumping, the Gulf industry will not benefit from it.

In the investigation period levied anti-dumping temporary costs against this, the announcement decided to complete the investigation without imposing temporary tax.