According to the preliminary anti-dumping order of the US Department of Commerce (USDOC), some round welded carbon steel pipes from the UAE were sold on the US market at below fair prices. review period 1 December 2018 to 30 November 2019
According to the ruling, the preliminary weighted average dumping margin for Ajmal Steel Tubes and Pipes Industries was set at 54.27%, and for Universal Tube and Plastic Industries Limited (UTP) and Conares Metal Supply Limited (Conares) was 2.37%.
If finalized, Ajmal Steel’s AD margins will be well above the current 3.06%, while Universal Tube and Conares are currently at 3.63% and 2.49% respectively.