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Monday, 22 August 2016

Formal investigations into dumping claims in the galvanized steel sheet industry to commence

Trade Minister Tarek Kabil has greenlit formal investigations into the alleged dumping of galvanized steel sheets in the domestic market by China, Belgium and the EU, according to the head of Egypt’s anti-dumping body Ibrahim El Seginy in an emailed statement. Domestic producers have submitted complaints foreign players are dumping excess production in Egypt at below-market prices. Kabil also announced yesterday the end of an investigation into claims that polyethylene terephthalate (PET) was being dumped in the local market by a number of countries, saying Egyptian manufacturers had withdrawn their complaints.

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