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Gulf Council Considering Safeguard Measures on Steel Imports

Steel News - Published on Wed, 08 Jul 2020

Image Source: GCC Steel Safeguard
The Gulf Co-operation Council Technical Secretariat of Anti-Dumping will hold a public hearing on imposing safeguards on imports of a variety of steel products on 21 July. The TSAIP released a document calling on participation in the public hearing process to members of the steel industry across the GCC region. A form must be submitted at least seven working days before the hearing, which will be held virtually to comply with Covid-19 restrictions.

The investigation was opened in October last year and includes flat products, long products, angles and pipes. Since then, the steel industry in the GCC region has faltered amid a drop in oil prices and coronavirus concerns. Public budgets have been slashed and infrastructure spending on public and private projects has stalled.

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Posted By : Yogender Pancholi on Wed, 08 Jul 2020
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