Saudi Arabia launches anti-dumping probe into steel imports from China and Turkey

The General Authority for Foreign Trade has announced the launch of an anti-dumping investigation into Saudi imports of light and medium hot-rolled structural sections, angles, and shapes made of iron or steel originating in or exported from the People's Republic of China and the Republic of Turkey.

The decision to begin the investigation is based on the Trade Remedies Law in International Trade, issued on November 23, 2022. Article 4, paragraph 1, of the law assigns the authority responsibility for trade remedies, including conducting investigations and imposing measures, in line with Saudi Arabia's international obligations, particularly the Anti-Dumping Agreement, the Agreement on Subsidies and Countervailing Measures, and the Safeguards Agreement.

The law aims to protect the domestic industry from harm caused by dumped or subsidized imports, prevent injury from import surges, and defend Saudi exports facing trade remedy actions abroad.

The authority invited those interested in further details about the investigation to visit its official website, specifically the "Trade Remedies Investigations Announcements and Circulars" page and the "Ongoing Investigations and Reviews" section.