‎Amiantit: GAFT imposes 5-yr anti-dumping duties on iron pipe imports from India

‎<p><img src="https://argaamplus.s3.amazonaws.com/d2615ea7-5d5c-44f8-abbc-cab700744113.png" ></p> <p class="ckeCaption" >Amiantit expects the decision to positively affect sales of its subsidiary SADIP’s products in the coming periods.</p> <hr> <p ><!--StartFragment--><a href="https://www.argaam.com/en/tadawul/tasi/amiantit" target="_blank">Saudi Arabian Amiantit Co.</a>said that the General Authority of Foreign Trade (GAFT) imposed anti-dumping duties for five years on imports of ductile iron pipes and tubes originating in, or exported from, India, effective today, Aug. 4.<!--EndFragment--></p> <p ></p> <p >According to a statement to <strong>Tadawul</strong>, the duties apply to hollow cast iron pipes (ductile iron pipes) classified under customs code 730300000001, with diameters ranging from 100 mm to 1,000 mm, used in water, stormwater, wastewater, irrigation and firefighting networks.</p> <p ></p> <p >The authority imposed duties of 16.96% of the CIF value, with a minimum of SAR 714 per metric ton, on imports produced and exported by Electrosteel Castings Ltd. (ECL India), as well as imports produced by the same company and exported by Electrosteel Bahrain Trading WLL.</p> <p ></p> <p >It also imposed duties of 29.94% of the CIF value, with a minimum of SAR 1,260 per metric ton, on all other products of Indian origin not covered by the previous category, imports originating in India but exported from any other country, and imports exported from India regardless of the country of origin.</p> <p ></p> <p >Amiantit said its subsidiary, Saudi Arabian Ductile Iron Pipes Co. Ltd. (SADIP), accounts for 85% of domestic production of the products covered by the decision, alongside another company not listed in Tadawul, adding that it expects the decision to positively impact sales of these products in the coming periods.</p> <p ></p> <p >In July 2025, the GAFT accepted and initiated an anti-dumping investigation following a complaint filed by SADIP, jointly with another Saudi company, against imports of ductile iron pipes from India, after the complaint indicated that low-priced imports had negatively affected the company’s market share and production capacity, <span ><strong>Argaam </strong></span>data showed.</p>

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Argaam - Company Disclosures · Stock Exchange/Regulatory Announcements

Published

4th August 2026

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argaam.com

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